Orlando area investor buys Valrico Amscot building

BUYER: Valscot LLC (principal: Michael DeGrood), Orlando
SELLER: Vito Bavaro
PROPERTY: 2022 E. State Road 60, Valrico
PRICE: $1.78 million
PREVIOUS PRICE: $1.45 million, October 2004
LAW FIRM ON DEED: The Florida Firm PA dba Entitle Land & Trust, Orlando

PLANS, DESCRIPTION: An investor operating as Valscot LLC purchased a 5,200-square-foot freestanding retail building in Valrico for $1.78 million.

The price equated to $342 per square foot. That figure is higher than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.