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Retail Center on N Scenic Highway 758 N Scenic Hwy

8,000 SF 100% Leased Retail Building Babson Park, FL 33827 $650,000 ($81/SF)

Investment Highlights

  • Income producing strip center
  • Wonderful upside
  • High growth area

Executive Summary

This 8,000 ± SF income producing retail center is well located for future growth in Babson Park off of Scenic Highway N (State Road 17). It is currently 100% occupied with below market rents offering upside potential. The property enjoys easy management and property care. Just 4 miles to the west, you can find U.S Hwy 27, along with downtown Lake Wales 15 ± minutes away to the north.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
8,000 SF
Building Class
C
Year Built
1985
Price
$650,000
Price Per SF
$81
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.48 AC
Zoning
RCC - RCC- Rural Cluster Center (Polk County)
Parking
50 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
267 FT on North Scenic Highway

Amenities

  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-30-33-955300-036200
Land Assessment
$38,609
Improvements Assessment
$309,626
Total Assessment
$348,235
  • Listing ID: 32769539

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 758 N Scenic Hwy, Babson Park, FL 33827

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