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Coldwell Banker 920 N Mills Ave

7,266 SF Office Building Arcadia, FL 34266 $1,299,900 ($179/SF) 10.39% Cap Rate

Investment Highlights

  • Direct access to Internet Fiber Point. Property has over 200mb upload speed. Best internet in the county.

Executive Summary

This property zoned RPB is in an incredible growth area. Located across from the Desoto Memorial Hospital, it is ideal for Medical, Profession, and Business offices. It is even zoned residential. The county's population is exploding. The demand for professional, and business space is at a premium, and quickly growing. Brand new metal roof, 4 Brand New A/C units. Ample parking for 20 cars.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,266 SF
Building Class
C
Year Built/Renovated
1993/2024
Price
$1,299,900
Price Per SF
$179
Cap Rate
10.39%
NOI
$135,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,266 SF
Building FAR
0.18
Lot Size
0.95 AC
Opportunity Zone
Yes
Zoning
RPB - Professional Building, Residential. Business.
Parking
15 Spaces (2.06 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard
  • Day Care
  • Signage
  • Wheelchair Accessible
  • Reception
  • Monument Signage
  • Air Conditioning
  • Fiber Optic Internet

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Real Estate
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Inventions & Gadgets
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Real Estate 99,999 SF $9.99 Lorem Ipsum Jan 0000
Inventions & Gadgets Services 99,999 SF $9.99 Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-37-25-0168-00G0-0070
Land Assessment
$82,500
Improvements Assessment
$215,993
Total Assessment
$298,493
  • Listing ID: 33262701

  • Date on Market: 9/21/2024

  • Last Updated:

  • Address: 920 N Mills Ave, Arcadia, FL 34266

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