34 4TH SW STREET Fort Meade, FL 33841
Commercial property in Fort Meade, suitable for various business ventures.
Property Features for 34 4TH SW STREET
General Information
- Standard status
- Active
- Size
- 1,274 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1960
Listing office FLORIDA HOMES REALTY & MORTGAGE (321) 848-2004
Listing date Dec 26, 2024
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime commercial investment opportunity in the heart of Fort Meade, FL.
- Versatile space suitable for various business ideas, currently used as a bar/tavern and community service center.
- Well‑maintained building with newer flooring.
Local Financial Insights For Specialty Retail
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 | $23.7k | $18.60 |
| − Vacancy | −$1.6k | −$1.26 |
| EGI | $22.1k | $17.34 |
| − OpEx | −$5.5k | −$4.33 |
| NOI | $16.6k | $13.00 |
Alternative Uses
Property Analytics
Current Use by Public Records
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