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Property profile & analytics
OFF-MARKET Estimated value $520,000
Retail space

1858 C 48 Bushnell, FL 33513-8978

3,330 SF 1.48 ac lot Built 1997
Entity Owned 19-yr Hold Free & Clear
Property ID
US18-5466460
Property summary
AI-generated overview

This exceptional 1.48-acre mixed-use property in Bushnell, Florida, presents a remarkable investment opportunity. Located on the highly visible east side of I-75, this property boasts 3810 square feet of building space with a large covered drive-through area. The existing structure, built in 1997 and meticulously maintained, currently houses three income-producing tenants with leases extending through the end of 2024. The property offers significant flexibility. Expand the existing building, construct an additional structure for extra income or your own business, or develop and ground lease to a large commercial tenant – the possibilities are vast. The zoning permits restaurant or retail use, aligning with the area's mixed-use commercial demand. This prime location benefits from easy access to and from I-75, without traffic medians, and access to city water and sewer services. It's less than half a mile from I-75 and surrounded by a thriving commercial landscape including Starbucks, McDonald's, Walmart, and numerous other national chains. Three nearby RV communities with over 1500 residences provide a substantial customer base. The property's dimensions are approximately 210 feet on Belt Ave/CR 48 and 310 feet on SW 18th Terr. This location offers unparalleled convenience, with Ocala a 45-minute drive and Tampa an hour away. Don't miss this chance to capitalize on a truly exceptional commercial property.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Construction STEEL FRAME
Total area 3,330 SF
Lot 1.48 ac (64,469 SF)
APN N08-071
UPID US18-5466460
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • I-75 Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Sweet Lickz Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$580k
Comparable Approach Comparable
$420k
Blend (final) Blend
$520k
Owner & transaction history
Bevilles Corner Group LLC · 19 yrs held
Bevilles Corner Group LLC
since 2006
3 recorded transactions
2006
Price N/A
2006
$675,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $660,000 +3.4%
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