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

    1339 Hillsborough Ave Arcadia, FL 34266

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime residential development land in Arcadia, Florida.

    Property Features for 1339 Hillsborough Ave

    General Information

    Property type
    Land
    Lot Size
    2,798,730 SF

    We can help!

    Listing Contact
    William Rollins
    William Rollins

    Listing Agent: William Rollins

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 64.25-acre property, located in DeSoto County, Florida, presents a remarkable opportunity for residential development. The land, encompassing two parcels (APN: 01-38-24-0000-0170-0000, 01-38-24-0000-0100-000), is zoned AG and boasts significant frontage on Hillsborough Avenue. With a permitted zoning allowing for 6 residential units per acre, this site is ideally suited for a workforce housing project or an active adult community. The property offers excellent connectivity, with easy access to SR 17 and Hillsborough Road, providing convenient access to various parts of Florida. Its strategic location is further enhanced by its proximity to key transportation arteries: approximately 1.2 miles to SR-70, 2 miles to Downtown Arcadia, 2.9 miles to SR-31, 24 miles to Punta Gorda Airport (PGD), 26 miles to Port Charlotte, 47 miles to Fort Myers, and 53 miles to Sarasota Bradenton International Airport. Water and sewer services are readily available through an agreement with DeSoto County. The asking price for this expansive parcel is $2,200,000. This is a rare opportunity to acquire a large, well-located tract of land with significant development potential in a growing Florida market. The address is 1339 SW Hillsborough Ave, Arcadia, FL 34266.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Arcadia
    County
    DeSoto
    State
    Florida
    Longitude
    -81.860949
    Latitude
    27.200525

    Nearby Similar for Sale

    • $975,000
      7,034 SF

      Commercial Property on Highway 17

      2.93-acre commercial property suitable for retail, office, or educational use.
      5241 Highway 17 SW, Arcadia, FL 34266
      View Details
    • $299,900
      1,968 SF

      Arcadia Medical/Professional Office For Sale

      Well-located medical/professional office in Arcadia's medical district.
      303 E Gibson St, Arcadia, FL 34266
      View Details
    • $850,000
      2.83 Acres

      Arcadia Commercial Space on Highway

      21,000+ SqFt space near Arcadia, Florida, on 2.83 acres.
      5673 Highway 31 SE, Arcadia, FL 34266
      View Details
    • $99,000

      Ice Cream Shop Business Opportunity

      Thriving ice cream shop business for sale in downtown Arcadia.
      203 W Oak St, Arcadia, FL 34266
      View Details
    • $495,000
      20.00 Acres

      20 Acres Irrigated Agricultural Land

      20 acres of irrigated land with fruit trees and infrastructure.
      Highway 70 NE, Arcadia, FL 34266
      View Details
    • $3,950,000
      17.00 Acres

      Arcadia Commercial Opportunity on 17 Acres

      Multiple buildings on 17 acres near Hwy 31.
      5871 SE Highway 31, Arcadia, FL 34266
      View Details
    • $4,900,000
      24,987 SF

      Arcadia Multifamily Investment Opportunity

      34-unit multifamily community with value-add potential in Arcadia, Florida.
      1450 E Gibson St, Arcadia, FL 34266
      View Details
    • $299,000
      1,059 SF

      Versatile Commercial Property in Arcadia, FL

      Adaptable commercial space with office and open layout, prime location.
      811 N Mills Ave, Arcadia, FL 34266
      View Details
    • $975,000

      Commercial Property on Hwy 17

      2.93-acre property with two buildings totaling 7,034 SF.
      5241 Highway 17 SW, Arcadia, FL 34266
      View Details
    • $4,500,000
      136,190 SF

      Arcadia Mixed-Use Development Opportunity

      73+ acres with Hwy 31 frontage, near Fort Myers.
      6000 Highway 31 SE, Arcadia, FL 34266
      View Details
    • $850,000

      Waterfront Venue with Business Potential

      Unique waterfront property suitable for various commercial ventures.
      2124 NW American Legion Dr, Arcadia, FL 34266
      View Details
    • $355,000

      Veterinarian Office with Expansion Potential

      Versatile property suitable for veterinary or medical practices.
      2865 Highway 31 SE, Arcadia, FL 34266
      View Details

    FAQs

    What type of property is this?
    Land - Prime residential development land in Arcadia, Florida.
    Where is this land located?
    The property is located at 1339 Hillsborough Ave Arcadia, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 64.25-acre DeSoto County, Florida development site, zoned AG, allowing 6 residential units per acre.; Excellent location with significant Hillsborough Avenue frontage, providing easy access to SR 17 and Hillsborough Road.; Proximity to key transportation arteries: 1.2 miles to SR-70, 2 miles to Downtown Arcadia, 2.9 miles to SR-31, 24 miles to Punta Gorda Airport (PGD), 26 miles to Port Charlotte, 47 miles to Fort Myers, and 53 miles to Sarasota Bradenton International Airport.
    (850) 222-3975 Call to check price and availability
    Request Owner's contact information
    1339 Hillsborough Ave Arcadia, FL 34266
    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.
    1339 Hillsborough Ave
    Arcadia, FL 34266
    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
    1339 Hillsborough Ave Arcadia, FL 34266
    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 William Rollins
    William Rollins
    Real Estate License ID: 3445754
    (850) 222-3975
    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!