Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11090 SE 55TH AVENUE ROAD Belleview, FL 34420

    View on Map
    Claim this Listing
    For Sale
    $1,370,000

    Land - BELLEVIEW, FL

    Lot size:
    10.24 Acres
    Added:
    May 30, 2025
    Days on Market:
    335
    Last Refresh:
    Apr 29 at 4:06 am

    Property Features for 11090 SE 55TH AVENUE ROAD

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    B2
    Exterior features
    Paved
    Standard status
    Active
    APN
    37415-000-00
    Lot size
    10.24 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    7546.71

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Peggy Pittas
    Peggy Pittas

    Listing agent Peggy Pittas License #0695605

    Listing office RE/MAX ALLSTARS REALTY 119 SE 1st Ave, Ocala, FL

    Listing date May 30, 2025

    MLS# OM702639 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.

    Overview

    Commercial Land Near Highway 441

    This commercial land, totaling over 10 acres, is zoned B-2 and located in Belleview, Florida. The property is high, dry, and flat, with electric, water, and sewer utilities available. Situated near the intersection of 110th Street and Highway 441, it features 550 feet of frontage on paved 55th Avenue Road, adjacent to a Walgreens and the Post Office. The property is well-suited for various commercial and business applications, including retail, office spaces, service establishments, medical facilities, and restaurants. Located in the rapidly growing area of Belleview, known as the "City in the Center," the site offers convenient access to Ocala, Silver Springs, Summerfield, The Villages, Ocala National Forest, and I-75. The area is experiencing a shortage of commercial projects to support its expanding workforce and retiree population. Owner financing is available at 7.5%. There is an opportunity to acquire only 5 of the 10+ acres.
    Property Profile Insight Report 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
    Belleview
    County
    Marion
    State
    Florida
    Longitude
    -82.0662363
    Latitude
    29.0602783

    Nearby Similar for Sale

    • $185,000
      680 SF

      BELLEVIEW Mixed-Use Remodeled Property

      Remodeled mixed-use property with B2 zoning in BELLEVIEW, FL.
      6220 SE 118TH PLACE, BELLEVIEW, FL 34420
      View Details
    • $474,999
      3,291 SF

      Belleview Commercial Building For Sale

      Commercial building in Belleview, Florida, suitable for healthcare or investment.
      6040 SE FRONT ROAD, BELLEVIEW, FL 34420
      View Details
    • $725,000
      2,514 SF

      Updated Office Building on Hwy 484

      Two-suite office building on Hwy 484 near I-75.
      1720 E CR-484 E, BELLEVIEW, FL 34420
      View Details
    • $374,999
      2,584 SF

      Belleview Mixed-Use Commercial Building

      Standalone commercial building suitable for healthcare or adaptive reuse.
      6005 SE CYPRESS ROAD, BELLEVIEW, FL 34420
      View Details
    • $1,500,900
      10,884 SF

      Belleview Mobile Home Park

      Mobile home park with stable rental history near The Villages.
      12656 SE 78TH TERRACE, BELLEVIEW, FL 34420
      View Details
    • $800,000

      Belleview Land: Development Opportunity

      Two commercial parcels totaling 6.47 acres in prime Belleview location.
      7711 SE 126TH PLACE, BELLEVIEW, FL 34420
      View Details
    • $445,000

      Commercial Land in Belleview, Florida

      5.09 acres of B-2 zoned commercial land for sale.
      11144 SE 55TH AVENUE ROAD, BELLEVIEW, FL 34420
      View Details
    • $925,000

      Commercial Land Near Walgreens

      5.15 acres of B-2 zoned commercial land for sale.
      11090 SE 55TH AVENUE ROAD, BELLEVIEW, FL 34420
      View Details
    • $159,900

      3.03 Acres Homesite on Hwy 25

      3.03-acre homesite perfect for custom home or mini-farm.
      0000 E HWY 25, BELLEVIEW, FL 34420
      View Details
    • $650,000

      Mobile Home Park Zoned Land

      5 acre lot zoned for mobile home park use.
      10389 SE 50TH AVENUE, BELLEVIEW, FL 34420
      View Details
    • $159,999

      Cleared Corner Lot Near Golf

      3.82 acres in Summerfield, near Del Webb Spruce Creek.
      Tbd SE 92ND COURT, BELLEVIEW, FL 34420
      View Details
    • $234,900
      2,112 SF

      Versatile Commercial Space in Belleview

      2,112 sq ft commercial space suitable for various businesses.
      11121 SE 53RD COURT, BELLEVIEW, FL 34420
      View Details

    FAQs

    What type of property is this?
    Commercial land - 10+ acres of B-2 zoned land in Belleview, Florida.
    Where is this commercial land located?
    The property is located at 11090 SE 55TH AVENUE ROAD Belleview, FL.
    What is the asking price?
    The asking price for this property is $1,370,000.
    What are key features of this property?
    This property features: Owner financing available at 7.5%; **B‑2 Commercial zoning allows for diverse business uses**; Located next to Walgreens and the Post Office with 550' frontage on paved 55th Ave Rd
    (352) 732-0591
    We can help!
    Listing Contact
    Peggy Pittas
    Peggy Pittas
    Real Estate License ID: 0695605
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!