Retail Building in Inwood
2610 AVENUE G NW, Winter Haven, FL 33880
For Sale
$169,900
Pending
Retail building with high visibility and outdoor seating area.
Property Size432 SF
Lot Size0.08 Acres
Days on Market739
Property Features for 2610 AVENUE G NW
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
KELLER WILLIAMS REALTY SMART 1
(863) 508-3000
Listed By:
David Reyes · License FL #679127
(863) 206-8278
Source:
Exitrealty
Added: Nov 2, 2024
Changed: Aug 9
Last Checked: Apr 6 at 3:17AM
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 KELLER WILLIAMS REALTY SMART 1
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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 432-square-foot retail building, formerly an ice cream shop, is available for sale. The property features maintained foliage intended to create a welcoming atmosphere. A seating area behind the building includes picnic tables, a cabana, and open spaces. Located in the retail corridor of Inwood, the property benefits from a traffic count of 11,300 cars per day and large pylon signage, offering high visibility to passing traffic. The property is located at 2610 AVENUE G NW, WINTER HAVEN, FL 33880.
Key Highlights
- High visibility location with 11,300 cars per day traffic count.
- Large pylon signage for maximum exposure.
- Outdoor seating area with picnic tables and cabana.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,751
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$95,020
$95.0K
Cap Rate 7%
$67,871
$67.9K
Cap Rate 9%
$52,789
$52.8K
Market Conditions
NOI Build-Up for 432 SF
Gross rent
$7.4K $17.04/SF
− Vacancy
−$574 −$1.33/SF
EGI
$6.8K $15.71/SF
− OpEx
−$2.0K −$4.71/SF
NOI
$4.8K $11.00/SF
Area
Polk County, FL
Vacancy
7.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$95,020
Cap Rate 7%
$67,871
Cap Rate 9%
$52,789
Alternative Uses
Best Use
Retail
$67.9K
$59.4K – $79.2K
NOI $4,751 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$110.3K
$96.5K – $128.7K
NOI $7,722 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33880, FL
42,005
Population
17,055
Households
2.5
Avg Household Size
38
Median Age
17%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,296
Density / Sq Mi
$56,803
Median Household Income
$35,051
Median Earnings
$1,128
Median Rent
$200,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Polk County, FL
Properties on Market for Storefront properties in Polk County
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Flowers From The Heart — 2595 Avenue G NW, Winter Haven, FL 33880
Frequently Asked Questions
What type of property is this?
Storefront property - Retail building with high visibility and outdoor seating area.
Where is this storefront property located?
The property is located at 2610 AVENUE G NW Winter Haven, FL.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: High visibility location with 11,300 cars per day traffic count.; Large pylon signage for maximum exposure.; Outdoor seating area with picnic tables and cabana.
