Property profile

452 N Park Ave Apopka, FL 32712

FOR SALE
Turn key restaurants
Property ID
US18-3814486
984 SF 0.15 ac lot Built 1978
Individually Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Within Apopka city limits along the Park Ave corridor, the property consists of 452 and 438 Park Ave (and may be expanded to include 454 Park Ave for a larger assemblage). The sites are zoned C-C (Community Commercial), a district intended to accommodate neighborhood-serving retail, office, and mixed-use development, subject to verification of zoning specifics by the appropriate authority. The offering includes an existing restaurant building at 452 Park Ave with a building area of 846 square feet, configured for reuse or redevelopment. At 438 Park Ave, the land includes a structure described as having no contributory value, which would support uses such as parking, site expansion, or potential new vertical construction pending applicable approvals. The combined lot area for 452 and 438 Park Ave is 0.81 acres, with an estimated ±1.30 acres if all three parcels (452, 438, and 454 Park Ave) are combined, to be confirmed by survey and city records. The location features road frontage on Park Ave and provides convenient access to SR-429/Wekiva Parkway, US-441, and SR-414, positioning it in the Mount Dora area northwest of Orlando. The stated intended use of the property is for restaurant and retail purposes, with all measurements, utilities, access, and approvals subject to verification.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1978
Total area 984 SF
Lot 0.15 ac (6,386 SF)
Zoning code C-C
APN 04-21-28-2204-01-011
UPID US18-3814486

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

452 N Park Ave Apopka, FL 32712
Apopka metro Census 17703 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

C-C · Apopka, FL
Zoning description

The purpose of the Community Commercial district is to provide lands that accommodate community-serving commercial, office, mixed use, and limited residential development (above commercial and office uses) , at medium in…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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