Wildwood Redevelopment Opportunity | 1212 S Main St
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Wildwood Redevelopment Opportunity 1212 S Main St
8,000 SF 100% Leased Retail Building Wildwood, FL 34785 $6,000,000 ($750/SF)
Investment Highlights
- Prime Frontage and Optimal Access to Florida’s Turnpike - There is 175 + / - feet of frontage along U.S. 301 (Main St) with ideal access
- Limited Fuel Station & QSR Competition - minimal area competition for fuel stations and QSRs given the lack of nearby developable land
- Nearby to Current Population Hub & Upcoming Industrial Core - Property is located at the current primary Turnpike exit for The Villages
- Shortage of Nearby Well-Located Developable Sites - Property is one of the last developable parcels in the immediate U.S. 301 corridor
- Appealing Seller Financing - The Seller is willing to offer Seller financing with attractive terms, including a competitive interest rate
- Fastest-Growing Metro Area - The Villages, recognized as the fastest-growing metropolitan statistical area in the US
Executive Summary
Franklin Street has been exclusively engaged as the advisor for the sale of the Wildwood Redevelopment Opportunity (The “Property”), a 2.50 + / - AC parcel located less than 500 feet from the high-profile intersection of Florida’s Turnpike (49,600 VPD)
and U.S. 301 (Main St) (19,200 VPD). The Property boasts 175 + / - feet of frontage, as well as an exclusive onsite billboard, ensuring high visibility amongst the limited tenant competition in the immediate area. Furthermore, the seller is offering attractive seller financing options to facilitate the purchase for qualified investors.
The property is advantageously positioned at the main Turnpike exit serving The Villages, which is not only the top-ranked master planned community in the United States with over 145,000 residents but also the fastest-growing metropolitan statistical area in the country. Between 2020 and 2023, The Villages witnessed a remarkable population surge of 16.8%. Additionally, the exit is situated less than half a mile from The Villages’ 3,400-acre industrial development site. This prime location offers unmatched access to major transportation routes including I-75 (104,500 VPD), Florida’s Turnpike, and SR 44 (19,100 VPD), and is adjacent to CSX’s main freight rail line along the eastern seaboard (facilitating reach across thousands of miles into 23 states).
and U.S. 301 (Main St) (19,200 VPD). The Property boasts 175 + / - feet of frontage, as well as an exclusive onsite billboard, ensuring high visibility amongst the limited tenant competition in the immediate area. Furthermore, the seller is offering attractive seller financing options to facilitate the purchase for qualified investors.
The property is advantageously positioned at the main Turnpike exit serving The Villages, which is not only the top-ranked master planned community in the United States with over 145,000 residents but also the fastest-growing metropolitan statistical area in the country. Between 2020 and 2023, The Villages witnessed a remarkable population surge of 16.8%. Additionally, the exit is situated less than half a mile from The Villages’ 3,400-acre industrial development site. This prime location offers unmatched access to major transportation routes including I-75 (104,500 VPD), Florida’s Turnpike, and SR 44 (19,100 VPD), and is adjacent to CSX’s main freight rail line along the eastern seaboard (facilitating reach across thousands of miles into 23 states).
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Year Built/Renovated
1968/1983
Price
$6,000,000
Price Per SF
$750
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
2.50 AC
Zoning
Commercial - C3-General Commercial - Highway
Located in the City of Wildwood Highway District.
Parking
30 Spaces (3.75 Spaces per 1,000 SF Leased)
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | G18-029 | Improvements Assessment | $326,050 |
| Land Assessment | $85,672 | Total Assessment | $411,722 |
PROPERTY TAXES
Parcel Number
G18-029
Land Assessment
$85,672
Improvements Assessment
$326,050
Total Assessment
$411,722
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Wildwood Redevelopment Opportunity | 1212 S Main St
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