Sign Up Successful!
You now have access to more from Realmo!
    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

    1858 C 48 Bushnell, FL 33513

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing
    Property size:
    3,810 SF

    Property Features for 1858 C 48

    General Information

    Property type
    Retail properties
    Square Feet
    3,810 SF
    Lot Size
    64,469 SF

    Building Details

    Year Built
    1997

    We can help!

    Listing Contact
    Connie Mahan
    Connie Mahan

    Listing Agency: Connie Mahan Real Estate Group, Inc. Listing Agent: Connie Mahan

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

    Learn more

    Property Insight Report
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    I-75 Liquor (Bike/Boat/Book/etc) Store Sweet Lickz Grocery & Convenience Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bushnell
    County
    Sumter
    State
    Florida
    Longitude
    -82.135123343981
    Latitude
    28.668672518578

    Nearby Similar for Sale

    • $724,613
      2,167 SF

      Secluded Cabin-Style Horse Farm

      Secluded 6.7-acre horse farm near World Equestrian Center.
      4292 SW 73Rd Trl, Bushnell, FL 33513
      View Details
    • New
      $950,000
      1,709 SF

      Spacious 10-Acre Bushnell Estate

      10-acre estate with a 2,040 sq ft residence and barn.
      4430 Cr 542H, Bushnell, FL 33513
      View Details
    • New
      $199,000
      1,680 SF

      Bushnell Multi-Unit Investment Opportunity

      Multi-unit property on 4.2 acres, priced for potential.
      2780 County Rd 575, Bushnell, FL 33513
      View Details
    • $2,250,000
      4,692 SF

      Spacious Farm with Custom Home

      47-acre farm with custom home and office building.
      6658 County Rd 625, Bushnell, FL 33513
      View Details
    • $499,000
      5,340 SF

      Downtown Bushnell Commercial Building For Sale

      Commercial building in Bushnell's central business district, ideal for various uses.
      124 Bushnell Plz, Bushnell, FL 33513
      View Details
    • $6,000,000
      6,000 SF

      Motorsports Complex on 20 Acres

      20-acre motorsports complex with flexible space in Bushnell, Florida.
      5821 Pit Rd, Bushnell, FL 33513
      View Details
    • $6,000,000
      6,000 SF

      Motorsports Complex on 20 Acres

      20-acre Motorsports Complex in Bushnell, FL, with high visibility.
      5765 Pit Rd, Bushnell, FL 33513
      View Details
    • $325,000

      Commercial Office Building in Bushnell

      Well-maintained office building in Bushnell, zoned C-1 for versatile use.
      1073 W C 48, Bushnell, FL 33513
      View Details
    • Contact for pricing

      Established Bar & Restaurant For Sale

      Long-established Florida bar and restaurant with consistent clientele and activities.
      7989 W C 48, Bushnell, FL 33513
      View Details
    • $2,400,000

      Leased Retail Strip Center

      Fully leased retail strip center with high visibility.
      407 N West St, Bushnell, FL 33513
      View Details
    • $499,000
      5,340 SF

      Prime Bushnell Retail Space

      Downtown location, 5,340 sq ft, high visibility
      124 Bushnell Plz, Bushnell, FL 33513
      View Details
    • $499,000
      5,340 SF

      Bushnell Storefront - $499,000

      Downtown Bushnell retail space, high visibility.
      124 Bushnell Plz, Bushnell, FL 33513
      View Details

    FAQs

    Where is this retail property located?
    The property is located at 1858 C 48 Bushnell, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Prime corner lot on the east side of I-75, offering exceptional visibility and accessibility.; 1.48-acre lot with 210 feet of frontage on Belt Ave/CR 48 and 310 feet on SW 18th Ter; existing 3,810 sq ft building includes a large covered drive-through.; Currently generates income from three tenants through the end of 2024.
    (352) 457-7553 Call to check price and availability
    Request Owner's contact information
    1858 C 48 Bushnell, FL 33513
    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.
    1858 C 48
    Bushnell, FL 33513
    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
    1858 C 48 Bushnell, FL 33513
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Connie Mahan
    Connie Mahan
    Real Estate License ID: 3412169
    (352) 457-7553 (352) 569-0233 (352) 394-6611
    Learn more
    Google sign-in failed. Please try again or use another login method.