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Property profile & analytics
FOR LEASE
Retail space
430 N Alexander St Mount Dora, FL 32757
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-3614271
For Lease
1 / 36
$119,985 SF/Yr
430 N Alexander St, Mount Dora, FL 32757
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Property summary
AI-generated overview
This exceptional 2,850+/- square foot single-tenant space presents a unique investment opportunity in the heart of Mount Dora, Florida. Housed in a beautifully updated historic building (1927), this property boasts gorgeous hardwood floors and abundant natural light streaming through large windows. The open floor plan offers incredible flexibility, accommodating a variety of uses thanks to its C-2 zoning. Envision a thriving restaurant with a bar, a sophisticated supper club, or a stylish executive office space. The property's prime location provides excellent visibility and accessibility, with convenient access to a large public parking lot and ample street parking. Enjoy stunning views, including picturesque sunsets over Lake Dora. Situated less than an hour from Orlando, Mount Dora is renowned for its vibrant atmosphere, hosting numerous festivals, art shows, antique shops, boutiques, and exceptional dining experiences. This 0.7-acre lot, with one single-story building, offers a rare blend of historic charm and modern functionality. The property's address is 430 Alexander St, Mount Dora, FL 32757, Lake County APN 1465389. All information is believed accurate but is not guaranteed and is subject to change.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1927
Construction
BRICK
Total area
2,513 SF
Lot
0.09 ac (4,060 SF)
APN
29-19-27-0030-003-00001
UPID
US18-3614271
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$455k
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$630k
Owner & transaction history
Md Estate LLC · 4 yrs held
Md Estate LLC
since 2021
Last sale
$725,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$875,000
+110.1%
Neighborhood: shopping center
$740,000
+77.5%
Warehouse, storage
$620,000
+49.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mount Dora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Dora submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$790,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$495,000
6.5%
$455,000
7%
$425,000
Alternative Use
Use
Estimation
RETAIL STORES
$415,000
Current use
COMMERCIAL (GENERAL)
$875,000
Change: +110% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$740,000
Change: +78% · Conversion: Moderate
WAREHOUSE, STORAGE
$620,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$590,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$575,000
Change: +38% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $725k (Sep 2 2021)
Last sale anchor
$725k
Sep 2 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$251 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,793
Tax year 2023
Assessed value
$457,851
Assessed 2023
Previous assessed
$419,480
+9.1% YoY
Effective rate
1.92%
On assessed value
Land market value
$216,154
Improvement market value
$241,697
Total market value
$457,851
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1927
Construction
BRICK
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
2,513 SF
Lot
0.09 ac (4,060 SF)
APN
29-19-27-0030-003-00001
UPID
US18-3614271
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$415,000
COMMERCIAL (GENERAL)
Est. value
$875,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$740,000
WAREHOUSE, STORAGE
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$590,000
OFFICE BUILDING
Est. value
$575,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1927
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
Md Estate LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1060 CEASARS CT, MOUNT DORA, FL 32757-6506
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2021
$725,000
Md Estate LLC
David Holzapfel
Warranty Deed
—
Jul 28, 2021
—
David Holzapfel
Glidepath Holdings LLC
Intrafamily Transfer
related
—
Sep 12, 2011
$475,000
Glidepath Holdings LLC
Sbj 18 INC
Warranty Deed
related
—
Jul 31, 2003
$450,000
Sbj 18 INC
Barnes,deborah F
Grant Deed
$360,000 · Wachovia Bank NA
Nov 2, 1999
$295,700
Deborah F Barnes
Sunshine Circle Of Kings Daugh
Grant Deed
$236,250 · Seller
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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