Auto Shop with Secured
For Sale
$2,100,000
https //evrealestate.com/en/properties/our-listings/Undisclosed-Address-BELLEVIEW-FL-34420-StellarMLS-OM724617, Belleview, FL 34420
B5-zoned auto shop with RV access, secured storage, and basic interior appliances.
Property Size3,750 SF
Price / SF$524.74
Days on Market157
Property Features for https //evrealestate.com/en/properties/our-listings/Undisclosed-Address-BELLEVIEW-FL-34420-StellarMLS-OM724617
General Information
Standard status
Active
Size
3,750 SF
Zoning
B5
Taxes and HOA fees
Annual Taxes
$3,595
Amenities
Bathrooms, Dumpsters, Extra Storage, Fencing, Furnished, High Bays, Lit Sign on Site, Outside Storage, Overhead Doors, Trash Removal, Waiting Room
Microwave, Refrigerator
Common, RV Access/Parking, Secured
Storage
Building Details
Building Size
3,750 SF
Year Built
1985
Stories
1
Listing Agency:
OCALA DEV OF MARION LLC
Listed By:
Daniel Shimasaki · License #3125319
(352) 361-4947
Source:
Evrealestate
Added: May 12
Changed: Oct 13
Last Checked: Oct 14 at 11:08PM
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 OCALA DEV OF MARION LLC
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Investment Insights
Based on property information with market context.
This auto shop property contains 4,002 square feet and was built in 1985. The interior includes a microwave and refrigerator, while the exterior provides common areas, RV access and parking, secured storage, and additional storage space.
The property is located on E Highway 25 in Belleview, Marion County, with access from Interstate 75 via 484 and CR 25. B5 zoning is identified for the site.
The property is located on E Highway 25 in Belleview, Marion County, with access from Interstate 75 via 484 and CR 25. B5 zoning is identified for the site.
Key Highlights
- 4,002‑square‑foot auto shop property
- Built in 1985
- B5 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,656
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,013,120
$2.0M
Cap Rate 7%
$1,437,943
$1.4M
Cap Rate 9%
$1,118,400
$1.1M
Market Conditions
NOI Build-Up for 4,002 SF
Gross rent
$148.4K $37.08/SF
− Vacancy
−$4.6K −$1.15/SF
EGI
$143.8K $35.93/SF
− OpEx
−$43.1K −$10.78/SF
NOI
$100.7K $25.15/SF
Area
Marion County, FL
Vacancy
3.10%
Lease Rate
$37.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,013,120
Cap Rate 7%
$1,437,943
Cap Rate 9%
$1,118,400
Alternative Uses
Best Use
Retail
$1.44M
$1.26M – $1.68M
NOI $100,656 @ 7.0% cap · market cap 4.79%
Second Best
Industrial
$655.8K
$573.9K – $765.2K
NOI $45,909 @ 7.0% cap · market cap 2.19%
Theoretical Best
Office A
$2.19M
$1.91M – $2.55M
NOI $152,978 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34420, FL
17,969
Population
8,555
Households
2.1
Avg Household Size
45
Median Age
14%
College-Educated
91%
High-School Grad
24.1 sq mi
ZIP Area
746
Density / Sq Mi
$52,551
Median Household Income
$34,599
Median Earnings
$909
Median Rent
$192,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Mercenary Cycles — 11585 US-301, Belleview, FL 34420
- Down & Dirty Atv's — Belleview, FL 34420
- Valvoline Instant Oil Change — 5928 SE Abshier Blvd, Belleview, FL 34420
- Mobile Tires LLC — 11217 SE 62nd Ave #102, Belleview, FL 34420
- Skidmarks Garage — 11388 so, US-301, Belleview, FL 34420
Frequently Asked Questions
What type of property is this?
Auto shop - B5-zoned auto shop with RV access, secured storage, and basic interior appliances.
Where is this auto shop located?
The property is located at https //evrealestate.com/en/properties/our-listings/Undisclosed-Address-BELLEVIEW-FL-34420-StellarMLS-OM724617 Belleview, FL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 4,002‑square‑foot auto shop property; Built in 1985; B5 zoning
