Storefront and Home Mixed-Use
New
For Sale
$399,900
1529 COUNTY ROAD 547 N, Davenport, FL 33837
A country store and a single-family residence sit together, with the home positioned behind the commercial space.
Property Size1,470 SF
Days on Market4
Property Features for 1529 COUNTY ROAD 547 N
General Information
Standard status
Active
Size
1,470 SF
Property subtype
Retail
Property Condition
Severity
Repairs Needed
Evidence
needs a little TLC
Taxes and HOA fees
Annual Taxes
$3,076
Building Details
Building Size
1,470 SF
Year Built
1959
Listing Agency:
LEGACY REAL ESTATE CENTER INC
Listed By:
Vicky Holloway · License #3279441
(863) 557-9003
Source:
Kingofrealestate
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 11:49AM
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 LEGACY REAL ESTATE CENTER INC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property pairs a country store with a single-family home set behind it. The residence has a spacious floor plan and needs some attention. The store and home provide distinct commercial and residential spaces on one property.
The property is on County Road 547 north of Davenport, with housing developments and schools in the surrounding area. The residence dates to 1959.
The property is on County Road 547 north of Davenport, with housing developments and schools in the surrounding area. The residence dates to 1959.
Key Highlights
- Country store with a single‑family home positioned behind it
- Single‑family residence built in 1959
- Spacious residential floor plan; home needs some TLC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,059
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,180
$361.2K
Cap Rate 7%
$257,986
$258.0K
Cap Rate 9%
$200,656
$200.7K
Market Conditions
NOI Build-Up for 1,470 SF
Gross rent
$30.9K $21.00/SF
− Vacancy
−$6.8K −$4.62/SF
EGI
$24.1K $16.38/SF
− OpEx
−$6.0K −$4.10/SF
NOI
$18.1K $12.29/SF
Area
Polk County, FL
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,180
Cap Rate 7%
$257,986
Cap Rate 9%
$200,656
Alternative Uses
Best Use
Office B
$258.0K
$225.7K – $301.0K
NOI $18,059 @ 7.0% cap · market cap 4.52%
Second Best
Mixed Use
$236.5K
$206.9K – $275.9K
NOI $16,554 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$353.3K
$309.1K – $412.1K
NOI $24,728 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
Demographics for 33837, FL
36,302
Population
19,082
Households
1.9
Avg Household Size
40
Median Age
27%
College-Educated
90%
High-School Grad
51.3 sq mi
ZIP Area
708
Density / Sq Mi
$75,861
Median Household Income
$39,246
Median Earnings
$1,739
Median Rent
$297,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A country store and a single-family residence sit together, with the home positioned behind the commercial space.
Where is this mixed-use property located?
The property is located at 1529 COUNTY ROAD 547 N Davenport, FL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Country store with a single‑family home positioned behind it; Single‑family residence built in 1959; Spacious residential floor plan; home needs some TLC
