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Divisible Mixed-Use Commercial Building

4539 MILE STRETCH DR Holiday Florida 34690, Holiday, FL 34690

For Sale
Contact for pricing

C-2 zoning allows a range of retail, office, medical, and other commercial uses.

Property Size1,784 SF
Price / SF$178.81
Days on Market52

Property Features for 4539 MILE STRETCH DR Holiday Florida 34690

General Information

Standard status Active
Size 1,784 SF
Property subtype Retail, Office, Mixed Use
Zoning C-2

Amenities

customer parking lot
Listing Agency: eXp Commercial
Listed By: Jessica Roman · License FL #450581
Source: Crexi
Added: Sep 22 Changed: Nov 10 Last Checked: Nov 10 at 8:20AM

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 eXp Commercial

Rey
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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 1,784-square-foot commercial building is zoned C-2, a designation that accommodates uses including retail, professional offices, medical facilities, restaurants, auto services, and small manufacturing. The interior can be configured as two separate spaces, each with its own entrance.

The property is next to US Highway 19. No flood insurance is required, and the property has no HOA or monthly fees.

Key Highlights

  • 1,784‑square‑foot commercial building
  • C‑2 zoning supports retail, offices, medical facilities, restaurants, auto services, and small manufacturing
  • Can be divided into two spaces with separate entrances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,242
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,840 $424.8K
Cap Rate 7%
$303,457 $303.5K
Cap Rate 9%
$236,022 $236.0K
Market Conditions
NOI Build-Up for 1,784 SF
Gross rent
$32.1K $18.00/SF
− Vacancy
−$1.8K −$0.99/SF
EGI
$30.3K $17.01/SF
− OpEx
−$9.1K −$5.10/SF
NOI
$21.2K $11.91/SF
Area
Pasco County, FL
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,840
Cap Rate 7%
$303,457
Cap Rate 9%
$236,022

Alternative Uses

Best Use
Retail
$303.5K
$265.5K – $354.0K (±1% cap)
NOI $21,242 @ 7.0% cap · market cap 6.66%
Second Best
Mixed Use
$302.8K
$264.9K – $353.2K (±1% cap)
NOI $21,194 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$556.4K
$486.8K – $649.1K (±1% cap)
NOI $38,946 @ 7.0% cap · market cap 12.21%
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

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby
36k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 67% Dining 22% Shops & Services 7% Electronics 4%
Winn-Dixie Groceries
20,495 visits/mo 0.3 miles
SUBWAY Dining
4,354 visits/mo 0.0 miles
Save-A-Lot Groceries
3,895 visits/mo 0.1 miles
Little Caesars Pizza Dining
3,627 visits/mo 0.0 miles
Fifth Third Bank & ATM Shops & Services
1,813 visits/mo 0.2 miles

Demographics for 34690, FL

14,115
Population
7,182
Households
2
Avg Household Size
45
Median Age
12%
College-Educated
89%
High-School Grad
3.4 sq mi
ZIP Area
4,151
Density / Sq Mi
$46,167
Median Household Income
$33,824
Median Earnings
$1,225
Median Rent
$152,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - C-2 zoning allows a range of retail, office, medical, and other commercial uses.
Where is this mixed-use property located?
The property is located at 4539 MILE STRETCH DR Holiday Florida 34690 Holiday, FL.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: 1,784‑square‑foot commercial building; C‑2 zoning supports retail, offices, medical facilities, restaurants, auto services, and small manufacturing; Can be divided into two spaces with separate entrances
(305) 801-9807 · Office Call to check price and availability
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