Commercial Investment Opportunity in
For Sale
$195,000
34 4TH St SW, Fort Meade, FL 33841
Commercial property in Fort Meade, suitable for various business ventures.
Property Size1,274 SF
Lot Size0.10 Acres
Days on Market152
Property Features for 34 4TH St SW
General Information
Standard status
Active
Size
1,274 SF
Lot size
0.10 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,325
Building Details
Building Size
1,274 SF
Year Built
1960
Stories
1
Listing Agency:
Matthew Ryan Davis
(321) 848-2004
Listed By:
Matthew Davis · License #01758818
(321) 848-2004
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 2:23PM
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 Matthew Ryan Davis
Investment Insights
Based on property information with market context.
This commercial property is located in Fort Meade, Florida, and is currently utilized as a bar/tavern and community service center. The building has been maintained and features newer flooring. The corner lot location offers room for potential expansion. The space can be adapted to accommodate different business ideas.
Key Highlights
- Prime commercial investment opportunity in the heart of Fort Meade, FL.
- Versatile space suitable for various business ideas or conversion.
- Well‑maintained building with newer flooring.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,564
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$331,280
$331.3K
Cap Rate 7%
$236,629
$236.6K
Cap Rate 9%
$184,044
$184.0K
Market Conditions
NOI Build-Up for 1,274 SF
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.
Gross rent
$23.7K $18.60/SF
− Vacancy
−$1.6K −$1.26/SF
EGI
$22.1K $17.34/SF
− OpEx
−$5.5K −$4.33/SF
NOI
$16.6K $13.00/SF
Area
Polk County, FL
Vacancy
6.80%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$331,280
Cap Rate 7%
$236,629
Cap Rate 9%
$184,044
Alternative Uses
Best Use
Specialty Retail
$236.6K
$207.1K – $276.1K
NOI $16,564 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$306.2K
$267.9K – $357.2K
NOI $21,431 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
10,356 visits/mo
0.3 miles
Dollar Tree
Shops & Services
5,665 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
5,334 visits/mo
0.4 miles
Sunoco
Shops & Services
4,199 visits/mo
0.4 miles
Demographics for 33841, FL
7,439
Population
3,776
Households
2
Avg Household Size
40
Median Age
9%
College-Educated
77%
High-School Grad
168.4 sq mi
ZIP Area
44
Density / Sq Mi
$39,608
Median Household Income
$35,374
Median Earnings
$860
Median Rent
$138,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Fort Meade Nutrition — 302 N Charleston Ave, Fort Meade, FL 33841
Frequently Asked Questions
What type of property is this?
Bar & Pub - Commercial property in Fort Meade, suitable for various business ventures.
Where is this bar & pub located?
The property is located at 34 4TH St SW Fort Meade, FL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Prime commercial investment opportunity in the heart of Fort Meade, FL.; Versatile space suitable for various business ideas or conversion.; Well‑maintained building with newer flooring.
