Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Commercial Land Parcel Title is generated by Realmo AI

    117 N BREVARD AVENUE, Arcadia, FL 34266

    View on Map
    Claim this Listing
    Picture of Commercial land at 117 N BREVARD AVENUE, Arcadia, FL
    For Sale
    $200,000

    Land - ARCADIA, FL

    Lot size:
    0.30 Acres
    Added:
    Jul 9, 2024
    Days on Market:
    695
    Last Refresh:
    Jun 3 at 9:06 pm

    Property Features for 117 N BREVARD AVENUE

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    B-3
    Standard status
    Active
    APN
    25-37-24-0012-0230-0100
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    628

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Troy Hughes

    Listing agent Troy Hughes License #3406914

    Listing office REAL BROKER, LLC 122 W Pine St, Ste 300, Winter Haven, FL

    Listing date Jul 9, 2024

    MLS# C7495076 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Commercial vacant land at 117 Brevard on the corner of Highway 17 and Hickory.
    • Parcel dimensions are 172 ft by 71 ft.
    • Zoned B‑3 for a wide range of commercial uses.
    • Listing notes include potential for retail, office, restaurants, and other business ventures.

    Overview

    This listing is for a vacant commercial land parcel in Arcadia, Florida, measuring 172 feet by 71 feet. The property is zoned B-3, allowing for a broad range of commercial uses, including retail, office, and restaurant concepts, subject to applicable regulations.

    The site is located on the prominent corner of Highway 17 and Hickory at 117 N Brevard Avenue. The parcel benefits from convenient access and high visibility associated with that intersection, with traffic flow along Highway 17 highlighted in the remarks.

    For buyers and developers, the B-3 zoning and corner configuration make the land a practical option for those seeking an adaptable site for a retail storefront, professional office use, or restaurant development. Because the property is currently vacant, the opportunity is positioned around new development planning aligned with the permitted uses under B-3 and applicable permitting requirements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arcadia
    County
    DeSoto
    State
    Florida
    Longitude
    -81.858573
    Latitude
    27.216688

    Nearby Similar for Sale

    • $800,000
      13,000 SF

      Warehouse with Office and Loading

      Functional warehouse setup with roll-up doors, loading ramp, walk-in cooler, and office space for flexible industrial use.
      5000 SE HWY 31, ARCADIA, FL 34266
      View Details
    • $499,000
      7,400 SF

      Arcadia Mixed-Use Investment Opportunity

      Two storefront units plus bonus space in downtown Arcadia.
      215 West Oak Street, Arcadia, FL 34266
      View Details
    • $6,800,000
      29,352 SF

      Arcadia Apartments: H2A Housing Asset

      Specialized income-producing asset in Arcadia, Florida for H2A agricultural worker housing.
      111 Jordan Avenue, Arcadia, FL 34266
      View Details
    • $975,000
      7,034 SF

      Commercial Property on Highway 17

      2.93-acre commercial property suitable for retail, office, or educational use.
      5241 SW HIGHWAY 17, ARCADIA, FL 34266
      View Details
    • $450,000

      8.96 Acres in ARCADIA, FL

      8.96-acre corner lot suitable for custom home or ranch.
      WASHINGTON STREET, ARCADIA, FL 34266
      View Details
    • $575,000

      30 Acres of Florida Woodland

      30 acres of woodland near Hwy 70 and Hwy 31.
      SE HWY 31, ARCADIA, FL 34266
      View Details
    • $32,000,000

      Peace River Development Opportunity

      157-acre waterfront property with development potential near Arcadia, Florida.
      SW SUNNYBREEZE ROAD, ARCADIA, FL 34269
      View Details
    • $195,000

      Arcadia Commercial Land For Sale

      2.46 acre commercial property in high-traffic area near US 17.
      2597 NE Nat Avenue, Arcadia, FL 34266
      View Details
    • $4,500,000
      136,190 SF

      Arcadia Mixed-Use Development Opportunity

      73+ acres with Hwy 31 frontage, near Fort Myers.
      6000 SE HWY 31, ARCADIA, FL 34266
      View Details
    • $135,000

      5-Acre Parcel in DeSoto County

      5 acres in a quiet, agricultural area near Arcadia.
      8115 SW HORSE CREEK ROAD, ARCADIA, FL 34266
      View Details
    • $499,000
      3,841 SF

      Arcadia Mixed-Use Investment Opportunity

      Mixed-use property with storefronts and upper-level flex space.
      215 W Oak St, Arcadia, FL
      View Details
    • $810,000
      2,000 SF

      Prime Commercial Corner Lot

      Excellent corner lot in Arcadia's commercial hub.
      2442 NE HIGHWAY 70, Arcadia, FL 34266
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant B-3 zoned corner lot in Arcadia, well-suited for a range of commercial developments.
    Where is this commercial land located?
    The property is located at 117 N BREVARD AVENUE Arcadia, FL.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Commercial vacant land at 117 Brevard on the corner of Highway 17 and Hickory.; Parcel dimensions are 172 ft by 71 ft.; Zoned B‑3 for a wide range of commercial uses.
    (863) 206-5755
    We can help!
    Listing Contact
    Troy Hughes
    Real Estate License ID: 3406914
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    117 N BREVARD AVENUE, ARCADIA, FL 34266
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!