Corner Retail
For Sale
$299,999
380 E HATHAWAY AVENUE, Bronson, FL 32621
Corner storefront property offers a retail configuration on Main Ave for businesses seeking prominent street access.
Property Size2,186 SF
Price / SF$148.44
Days on Market58
Property Features for 380 E HATHAWAY AVENUE
General Information
Standard status
Active
Size
2,186 SF
Taxes and HOA fees
Annual Taxes
$2,208
Amenities
Central Air, Wall/Window Unit(s)
Building Details
Building Size
2,186 SF
Year Built
1950
Listing Agency:
UNITED COUNTRY SMITH & ASSOCIA
(352) 812-0796
Listed By:
Dustin Hiers · License #3405602
(352) 812-0796
Source:
Evrealestate
Added: Jun 19
Changed: Aug 14
Last Checked: Aug 15 at 4:38AM
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 UNITED COUNTRY SMITH & ASSOCIA
Investment Insights
Based on property information with market context.
This for-sale retail storefront is located at 380 E Hathaway Avenue in Bronson, Florida, and is positioned at the corner of Main Ave and Picnic St. The listing identifies the property as a commercial retail space with a storefront presentation suitable for retail-oriented users.
Directions are provided for locating the asset while traveling into Bronson on State Road 27A north, with the property on the left. The corner location helps establish convenient street-level access along Main Ave, with visibility to both intersecting streets as part of the property’s built-in context.
For tenants, buyers, and operators looking for a street-facing storefront retail site in Bronson, this asset’s corner configuration is a practical fit for businesses that benefit from direct customer access. The property is offered for sale, providing an ownership option for a retail user or investor seeking a commercial retail asset in Levy County.
Directions are provided for locating the asset while traveling into Bronson on State Road 27A north, with the property on the left. The corner location helps establish convenient street-level access along Main Ave, with visibility to both intersecting streets as part of the property’s built-in context.
For tenants, buyers, and operators looking for a street-facing storefront retail site in Bronson, this asset’s corner configuration is a practical fit for businesses that benefit from direct customer access. The property is offered for sale, providing an ownership option for a retail user or investor seeking a commercial retail asset in Levy County.
Key Highlights
- Corner storefront property on Main Ave with prominent street access for retail use
- Interior cooling includes central air and wall/window unit(s)
- Built in 1950
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
$21,428
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
7.14%
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%
$428,560
$428.6K
Cap Rate 7%
$306,114
$306.1K
Cap Rate 9%
$238,089
$238.1K
Market Conditions
NOI Build-Up for 2,021 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
$32.7K $16.20/SF
− Vacancy
−$2.1K −$1.05/SF
EGI
$30.6K $15.15/SF
− OpEx
−$9.2K −$4.54/SF
NOI
$21.4K $10.60/SF
Area
Levy County, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
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%
$428,560
Cap Rate 7%
$306,114
Cap Rate 9%
$238,089
Alternative Uses
Best Use
Retail
$306.1K
$267.9K – $357.1K
NOI $21,428 @ 7.0% cap · market cap 7.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$500.6K
$438.0K – $584.0K
NOI $35,039 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
141
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32621, FL
5,396
Population
2,495
Households
2.2
Avg Household Size
41
Median Age
10%
College-Educated
84%
High-School Grad
73.5 sq mi
ZIP Area
73
Density / Sq Mi
$52,840
Median Household Income
$39,181
Median Earnings
$596
Median Rent
$114,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Corner storefront property offers a retail configuration on Main Ave for businesses seeking prominent street access.
Where is this storefront property located?
The property is located at 380 E HATHAWAY AVENUE Bronson, FL.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Corner storefront property on Main Ave with prominent street access for retail use; Interior cooling includes central air and wall/window unit(s); Built in 1950
