403 N Church Ave, Mulberry, FL
900 SF office/storefront on 0.33 AC lot.
- Added:
- Sep 9, 2024
- Days on Market:
- 644
- Last Refresh:
- May 20 at 9:13 pm
Property Features for 403 N Church Ave
General Information
- Standard status
- Active
- Size
- 900 SF
- Lot size
- 0.33 Acres
- Property subtype
- OFFICE
Listing agent J.R. Steinbauer (305) 629-9740
Listing office Steinbauer Associates (305) 629-9740
Listing date Sep 9, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Steinbauer Associates
HighLights
- Frontage on N. Church Ave (SR 37 N)
- Located in the heart of Mulberry
- 900 sq ft office/store space
- 0.33 ac lot size
- Suitable for small office or store
- Commercial location
Overview
Local 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 | $18.9k | $21.00 |
| − Vacancy | −$4.2k | −$4.62 |
| EGI | $14.7k | $16.38 |
| − OpEx | −$3.7k | −$4.10 |
| NOI | $11.1k | $12.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mulberry
- County
- Polk
- State
- Florida
- Longitude
- -81.9734
- Latitude
- 27.8979
