Technical
Financial
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Property profile

Main St Apopka, FL 32703

OFF-MARKET
Parking lots & garages
Property ID
US18-8278177
0.75 ac lot
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property consists of approximately 2.0 acres of land located off E. Main Street (US Highway 441) at the entrance to the City of Apopka’s Downtown Corridor, adjacent to a Hilton Garden Inn (114 rooms). It is zoned MU-D (Mixed Use – Downtown Special Purpose District) and is subject to an existing Master Plan. The site is served by utilities, including electric, water, and sewer, and it is described as high-and-dry. The property’s retention requirements have been addressed, and it is designated to support fast-casual or sit-down restaurants, excluding fast food, while other uses may also be possible subject to applicable approvals. E. Main Street has an average annual daily traffic count of approximately 47,000 vehicles (2023 FDOT).

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.75 ac (32,670 SF)
Zoning code MU-D
APN 10-21-28-8652-03-021
UPID US18-8278177

Cap rate & NOI

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

Location

Main St Apopka, FL 32703
Apopka metro Census 17600 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2019
1 recorded transaction
2019
$121,500

Zoning & alternative use

MU-D · Apopka, FL
Zoning description

The purpose of the MU-D district is to provide lands that accommodate downtown Apopka as a center of commerce, government, and culture. Principal types of development include higher intensity government, commercial, and…

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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