$1,599,000
16340 & 16264 S HIGHWAY 475 HIGHWAY
SUMMERFIELD, FL, 34491
Offering is an Excellent Investment – Income property!! 5.6% CAP Rate with a Great Tenant and long successful history at location. Site has 2 buildings on 6.78+/- Acres, completely fenced and gated, zoned B-5 & A-1, Marion County. The first bldg is a 1,904+/- SF former concrete block residence that has been converted to a very attractive commercial office administrative building with many private offices, large waiting – admin area, break room, restrooms, large class room or conference room. The 2nd bldg is a 12,000+/-SF Metal bldg with newer 2017 roof, 6 grade level overhead roll-up doors, large circular drive for easy access for semi-truck’s with trailers, multiple private offices, restrooms, additional mezzanine storage and lighted signage. Property is on well and septic and immaculately maintained inside and out. Location is in the heart of Central Florida, an hour from Orlando and 30 minutes to Ocala or The Villages and minutes from I-75 Bellview Exit 341. Do not enter property without an appointment. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.
Property Details
Price:
$1,599,000
MLS #:
G5067987
Status:
Active
Beds:
0
Baths:
0
Address:
16340 & 16264 S HIGHWAY 475 HIGHWAY
Type:
Commercial
Subtype:
Mixed Use
City:
SUMMERFIELD
Listed Date:
Apr 24, 2023
State:
FL
Finished Sq Ft:
1,967
ZIP:
34491
Lot Size:
295,337 sqft / 6.78 acres (approx)
Year Built:
1990
Schools
Interior
Cooling
A/ C – Office Only, Central Air
Heating
Central
Exterior
Construction Materials
Concrete, Metal Frame, Metal Siding
Parking Features
6 to 12 Spaces, Common
Financial
Buyer Agent Compensation
2.5%%
Tax Year
2022
Taxes
$9,829
Mortgage Calculator
Map
Courtesy of GRIZZARD COMMERCIAL REALESTATE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
16340 & 16264 S HIGHWAY 475 HIGHWAY
SUMMERFIELD, FL
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