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Mixed-Use Property with Warehouse Space
New
For Sale
$1,050,000

6471 NE 106TH TERRACE, Bronson, FL 32621

Office areas, multiple warehouse bays, and outdoor storage space support a range of commercial operations.

Property Size7,805 SF
Lot Size2.94 Acres
Price / SF$319.15
Days on Market5

Property Features for 6471 NE 106TH TERRACE

General Information

Standard status Active
Size 7,805 SF
Total Parking Spaces 10
Lot size 2.94 Acres
Zoning RMU

Site & Location

Corner Location Yes
Traffic Count 10,000 vehicles/day
Highway Access Yes
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Taxes and HOA fees

Annual Taxes $4,668

Amenities

reception area
private offices
break room with kitchenette
bathrooms with shower
illuminated signage
Bathrooms, Fencing, Fiber Optic Available, Kitchen Facility, On Site Shower, Reception
Central Air
Central
Lighted, RV Access/Parking

Building Details

Building Size 7,805 SF
Year Built 2005
Buildings 1
Listing Agency: Engel & Volkers Ocala
Listed By: Jodi Molzof · License #3566533
Source: Evrealestate
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 12 at 7:00PM

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 Engel & Volkers Ocala

Investment Insights

Based on property information with market context.

This mixed-use property contains 7,805 square feet on a 2.94-acre site. The office portion includes a reception area, two private offices, a break room with kitchenette, and two bathrooms, including one with a shower. Warehouse space is divided between a separate area with its own roll-up door and a larger section with four roll-up doors. Mezzanine storage, a metal roof, and a Trane air conditioning system installed in 2020 are also included. The building was constructed in 2005.

The fenced corner property fronts US Highway 27, where daily traffic is just under 10,000 vehicles. Highway-facing signage is illuminated at night. Site features include an on-site dry retention area, parking, and space for outdoor storage. The property is zoned mixed use; any proposed uses remain subject to applicable zoning approvals.

Key Highlights

  • 7,805 square feet of building area on a 2.94‑acre site
  • Mixed‑use zoning; proposed uses subject to applicable approvals
  • Warehouse layout includes a separate roll‑up door area and a larger section with four roll‑up doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,000
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,000 $760.0K
Cap Rate 7%
$542,857 $542.9K
Cap Rate 9%
$422,222 $422.2K
Market Conditions
NOI Build-Up for 3,290 SF
Gross rent
$69.1K $21.00/SF
− Vacancy
−$8.3K −$2.52/SF
EGI
$60.8K $18.48/SF
− OpEx
−$22.8K −$6.93/SF
NOI
$38.0K $11.55/SF
Area
Levy County, FL
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,000
Cap Rate 7%
$542,857
Cap Rate 9%
$422,222

Alternative Uses

Best Use
Mixed Use
$542.9K
$475.0K – $633.3K (±1% cap)
NOI $38,000 @ 7.0% cap · market cap 3.62%
Second Best
Warehouse
$343.4K
$300.5K – $400.6K (±1% cap)
NOI $24,036 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$814.9K
$713.0K – $950.7K (±1% cap)
NOI $57,041 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Dolphin Outdoor Power ... Big Box & Wholesale Store Dolphin Golf Carts Golf Cart Dealer McLane Reel Mowers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Auto Repair Shop Electrical Service Big Box & Wholesale Store Garden 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.

Lease Details

10,000 VPD
Traffic count
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Office areas, multiple warehouse bays, and outdoor storage space support a range of commercial operations.
Where is this mixed-use property located?
The property is located at 6471 NE 106TH TERRACE Bronson, FL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 7,805 square feet of building area on a 2.94‑acre site; Mixed‑use zoning; proposed uses subject to applicable approvals; Warehouse layout includes a separate roll‑up door area and a larger section with four roll‑up doors
More about this property
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