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Office Building with Dual Road Frontage
For Sale
$600,000

6876 E SR44 Road, Wildwood, FL 34785

SINGLE_FAMILY - Wildwood, FL

Property Size1,200 SF
Lot Size1.60 Acres
Price / SF$500
Days on Market47

Property Features for 6876 E SR44 Road

General Information

Property type Residential
Property subtype Office
Zoning CL
Parking features Paved or Surfaced
Subdivision Not on List
Lot features Multiple Lots
Directions At the intersection of US HWY 301 and SE 44. Head East on SR 44. Continue on SR 44 for about 4 miles. The property will be on the left.
Standard status Active
APN 15-19-23-G15C015A
Lot size 1.60 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 15 LAKE DEATON SHORES 1ST ADD PB 2 PG 25 1/2
Tax Annual Amount 1449
Legal Description LOT 15 LAKE DEATON SHORES 1ST ADD PB 2 PG 25 1/2

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 1994
Floors in Building 1
Flooring type Vinyl
Building materials Stucco
Roof type Shingle, Asphalt
Listing Agency: Flamingo Real Estate & Mngmt
Listed By: Robert Shoemaker · License #3112582
Added: Jun 17 Changed: Aug 1 Last Checked: Aug 2 at 5:06AM
MLS# 855693

Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This light commercial office building sits on a 1.6-acre site and features a 1,200-square-foot office space converted from residential use. The interior layout includes a welcoming lobby, a kitchen, a handicap-accessible bathroom, and two offices, supporting a range of day-to-day business operations. Building materials include stucco construction, with vinyl flooring and a shingle asphalt roof. Heating is electric with central service, and cooling is provided by central air. Parking is paved or surfaced.

The property is located on State Road 44, just west of Morse Boulevard, in the Villages and Wildwood business corridor. It offers dual road frontage with approximately 150 feet of frontage on State Road 44 and approximately 150 feet at the rear on Wesleyan Way, supporting convenient ingress and egress for customers and deliveries. Water is supplied by public service, and sewer is provided by a septic tank.

Zoned for light commercial use by Sumter County, the site’s visibility and access make it a practical option for an office that benefits from convenient customer-oriented drive-by access.

Key Highlights

  • 1.6‑acre site with a 1,200‑square‑foot office building
  • Dual road frontage with approximately 150 feet on SR 44 and approximately 150 feet on Wesleyan Way
  • Zoned CL for light commercial use by Sumter County

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $30.0k $24.96
− Vacancy −$5.4k −$4.49
EGI $24.6k $20.47
− OpEx −$6.1k −$5.12
NOI $18.4k $15.35
1,200 SF · lease $24.96/SF/yr · vacancy 18.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$263.1K
$230.3K – $307.0K (±1% cap)
NOI $18,420 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$343.5K
$300.6K – $400.8K (±1% cap)
NOI $24,048 @ 7.0% cap · market cap 4.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

Demographics for 34785, FL

18,677
Population
6,595
Households
2.8
Avg Household Size
46
Median Age
15%
College-Educated
82%
High-School Grad
64.1 sq mi
ZIP Area
291
Density / Sq Mi
$48,004
Median Household Income
$31,207
Median Earnings
$1,082
Median Rent
$210,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Light commercial office building with dual-road access on SR 44 and Wesleyan Way, designed for a move-in-ready business layout.
Where is this office building located?
The property is located at 6876 E SR44 Road Wildwood, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1.6‑acre site with a 1,200‑square‑foot office building; Dual road frontage with approximately 150 feet on SR 44 and approximately 150 feet on Wesleyan Way; Zoned CL for light commercial use by Sumter County
More about this property
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