Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6040 SE Front Rd Belleview, FL 34420

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $474,999

    Commercial building in Belleview, Florida, suitable for healthcare operators.

    Property size:
    3,291 SF
    Lot size:
    0.37 Acres

    Property Features for 6040 SE Front Rd

    General Information

    Standard status
    Active
    Size
    3,291 SF
    Lot size
    0.37 Acres

    We can help!

    Listing Contact
    Nolan Galloway
    Nolan Galloway
    Source: Crexi

    Listing Agency: Gus Galloway Realty, Inc. Listing Agent: Nolan Galloway

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Belleview Commercial Building For Sale

    A commercial building at 6040 SE Front Rd in Belleview, Florida, is available for purchase. The building has an area of approximately 3,291 square feet and is situated on a 0.37-acre lot. It is located immediately adjacent to 6005 SE Cypress Rd. The property can be purchased individually or as part of a multi-parcel offering. Most recently, the building served as overflow and emergency occupancy for an assisted living facility and is currently licensed for 13 assisted living beds. This provides immediate potential for healthcare operators or investors seeking licensed capacity in Marion County. The property benefits from shared parking facilities and cross ingress and egress with the neighboring Cypress Road parcel, allowing for coordinated use or campus-style operations.
    Location Intelligence

    Current Use by Public Records

    Prestige Manor Adult ... Retirement Community

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Prestige Manor Adult Living, 107th Place Group Home, Prestige Manor II Adult Living, Prestige Manor Assisted Living Facility Belleview

    Location Insight

    • Map
    • Local Demand
    City
    Belleview
    County
    Marion
    State
    Florida
    Longitude
    -82.0500407
    Latitude
    29.0626319

    Nearby Similar for Sale

    • $474,999
      3,291 SF

      Belleview Commercial Building For Sale

      Commercial building in Belleview, Florida, suitable for healthcare or investment.
      6040 SE Front Rd, Belleview, FL 34420
      View Details
    • New
      $725,000
      2,895 SF

      Updated Office Building on Highway

      Updated 2,130 SF office building with mezzanine and fenced lot.
      1720 Hwy 484 SE, Belleview, FL 34420
      View Details
    • $234,900
      Pending

      Versatile Commercial Space in Belleview

      2,112 sq ft commercial space suitable for various businesses.
      11121 SE 53Rd Ct, Belleview, FL 34420
      View Details
    • $374,999
      2,584 SF

      Belleview Mixed-Use Commercial Building

      Standalone commercial building suitable for healthcare or adaptive reuse.
      6005 SE Cypress Rd, Belleview, FL 34420
      View Details
    • $1,050,000
      Pending

      Belleview Office Building on Highway

      7,078 SF office building on 1.02 acres.
      10252 SE Us Highway 441, Belleview, FL 34420
      View Details
    • $1,500,900
      10,884 SF

      Belleview Mobile Home Park

      Mobile home park with stable rental history near The Villages.
      12656 SE 78Th Ter, Belleview, FL 34420
      View Details
    • $749,000
      5,096 SF

      Commercial Building Near Busy Highway

      Commercial building with flexible space near shopping and restaurants.
      4785 SE 102Nd Pl, Belleview, FL 34420
      View Details
    • $650,000
      5.00 Acres

      Mobile Home Park Zoned Land

      5 acre lot zoned for mobile home park use.
      10389 SE 50Th Ave, Belleview, FL 34420
      View Details
    • $699,000

      Income Property on U.S. Hwy

      Three-building property with long-term tenants in a growing area.
      5035 SE Abshier Blvd, Belleview, FL 34420
      View Details
    • $234,900
      Pending

      Versatile Commercial Space Opportunity

      2,112 sq ft commercial space for various business ventures.
      11121 SE 53Rd Ct, Belleview, FL 34420
      View Details
    • $699,000

      Income-Producing Property on U.S. Hwy

      Three-building, three-tenant property with 7%+ CAP rate in Belleview.
      5035 SE Abshier Blvd, Belleview, FL 34420
      View Details
    • $534,900

      Equestrian Property with Home

      3-bedroom home on almost 5 acres, equestrian ready.
      8221 SE 126Th Pl, Belleview, FL 34420
      View Details

    FAQs

    What type of property is this?
    Assisted living facility - Commercial building in Belleview, Florida, suitable for healthcare operators.
    Where is this assisted living facility located?
    The property is located at 6040 SE Front Rd Belleview, FL.
    What is the asking price?
    The asking price for this property is $474,999.
    What are key features of this property?
    This property features: - Licensed for 13 assisted living beds, offering immediate potential for healthcare operators/investors.; - Located in Belleview, Florida, Marion County.; - Building size: approximately 3,291 ± SF on .37 acres.
    (352) 572-9109
    Request Owner's contact information
    6040 SE Front Rd Belleview, FL 34420
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6040 SE Front Rd
    Belleview, FL 34420
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6040 SE Front Rd Belleview, FL 34420
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nolan Galloway
    Nolan Galloway
    Real Estate License ID: BK3057213
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!