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    1020 Mills Ave Arcadia, FL 34266

    For Sale
    $610,000

    High-visibility office building, prime location.

    Property size:
    1,984 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This 1,984 square foot office building in Arcadia, Florida, presents a unique investment opportunity. Situated on a 0.58-acre lot with prominent highway frontage on three sides of the building, this property boasts exceptional visibility along Highway 17. The building features a handicap-accessible entrance and is designed for easy mobility throughout. Ample parking is available with six designated employee spaces, nine guest/customer spaces, and two handicap-accessible spaces. Currently configured as a dental office, the versatile space includes five exam rooms, a breakroom/kitchenette, a private office, a sterilization room, a storage room, and two restrooms. The property's location offers significant advantages, with close proximity to DeSoto Memorial Hospital and other medical facilities, as well as the Arcadia Police Department across the street. The sale includes the real estate only

    Property Features for 1020 Mills Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,984 SF
    Lot Size
    25,265 SF

    Building Details

    Year Built
    1945
    Property Profile Location Intelligence

    Current Use by Public Records

    Smile Design Dentistry ... Dentist Mark Mcclendon Dentist Daniel Abraham Shimansky Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Arcadia
    County
    DeSoto
    State
    Florida
    Longitude
    -81.85247
    Latitude
    27.22839

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    FAQs

    What type of property is this?
    Office Property / Space - High-visibility office building, prime location.
    Where is this office property / space located?
    The property is located at 1020 Mills Ave Arcadia, FL.
    What is the asking price?
    The asking price for this property is $610,000.
    (863) 494-9009
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    Realmo Value Estimation

    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.

    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.

    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
    1020 Mills Ave Arcadia, FL 34266
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