Belleview Commercial Property with Office

11763 SE US HIGHWAY 301 Belleview, FL 34420

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1.95-acre commercial property with office building in Belleview, FL.

Type:Land, Mixed Use, Office
Property size:
2,722 SF
Lot size:
1.95 Acres
Price / SF:
$312/SF
Added:
May 14, 2025
Days on Market:
424
Last Refresh:
Jun 27 at 6:29 am

Property Features for 11763 SE US HIGHWAY 301

General Information

Standard status
Active
Size
2,722 SF
Lot size
1.95 Acres
Property subtype
Land, Mixed Use, Office

Building Details

Year Built
1963

Listing office Homerun Realty LLC

Listing date May 14, 2025

Source Crexi

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 Homerun Realty LLC


Investment Insights

Based on property information with market context.

This 1.95-acre commercial property is located in Belleview, Florida, directly on US Hwy 301 and near US Hwy 441. The property includes a move-in ready office building featuring four private office spaces, a reception area, and a full kitchen. Zoned B4, the land is fully cleared and suitable for various commercial uses, particularly those requiring ample parking for company vehicles or equipment. The location benefits from high traffic volume and is situated within a rapidly growing corridor near US Hwy 441/27, Hwy 301, and the new Advent Health ER. The property is suitable for expanding a business, launching a new venture, or investing in future development. Seller financing is available.

Key Highlights

  • 1.95‑acre commercial property on US Hwy 301 in Belleview, FL.
  • Seller financing available.
  • Zoned B4, cleared land suitable for various commercial uses.

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 $102.2k $37.56
− Vacancy −$8.4k −$3.08
EGI $93.9k $34.48
− OpEx −$23.5k −$8.62
NOI $70.4k $25.86
2,722 SF · lease $37.56/SF/yr · vacancy 8.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.01M
$879.9K – $1.17M (±1% cap)
NOI $70,391 @ 7.0% cap · market cap 8.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M (±1% cap)
NOI $104,049 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Electrical Service Pharmacy Real Estate Agency Gym & Fitness Center Auto Parts Store Bakery Storage Facility Grocery & Convenience Store Hotel & Motel

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

FAQs

What type of property is this?
Commercial land - 1.95-acre commercial property with office building in Belleview, FL.
Where is this commercial land located?
The property is located at 11763 SE US HIGHWAY 301 Belleview, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1.95‑acre commercial property on US Hwy 301 in Belleview, FL.; Seller financing available.; Zoned B4, cleared land suitable for various commercial uses.
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