Commercial Land with Manufactured
For Sale
$295,000
9230 NE STATE ROAD 24, Bronson, FL 32621
A manufactured home at the rear provides an on-site living component alongside the commercial parcel.
Property Size1,344 SF
Price / SF$219.49
Days on Market302
Property Features for 9230 NE STATE ROAD 24
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Business
Taxes and HOA fees
Annual Taxes
$1,663
Building Details
Building Size
1,344 SF
Year Built
1979
Listing Agency:
COLDWELL BANKER M.M. PARRISH REALTORS
Listed By:
Ralph Hilliard · License #3391743
(352) 335-4999
Source:
Ansonproperties
Added: Jan 6
Changed: Oct 26
Last Checked: Oct 30 at 10:43PM
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 COLDWELL BANKER M.M. PARRISH REALTORS
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Investment Insights
Based on property information with market context.
This commercial parcel includes a manufactured home positioned at the rear. The property is situated along State Road 24, a main route through Bronson, Florida.
The stated zoning allows warehouse uses with offices or showrooms, retail spaces of 15,000 square feet or less, self-storage, restaurants, personal services, and adult or child care facilities.
The stated zoning allows warehouse uses with offices or showrooms, retail spaces of 15,000 square feet or less, self-storage, restaurants, personal services, and adult or child care facilities.
Key Highlights
- Manufactured home located at the rear of the parcel
- Fronts State Road 24, a main route through Bronson, Florida
- Stated zoning allows retail spaces of 15,000 square feet or less
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,765
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,300
$335.3K
Cap Rate 7%
$239,500
$239.5K
Cap Rate 9%
$186,278
$186.3K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$26.6K $19.80/SF
− Vacancy
−$4.3K −$3.17/SF
EGI
$22.4K $16.63/SF
− OpEx
−$5.6K −$4.16/SF
NOI
$16.8K $12.47/SF
Area
Levy County, FL
Vacancy
16.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,300
Cap Rate 7%
$239,500
Cap Rate 9%
$186,278
Alternative Uses
Best Use
Office B
$239.5K
$209.6K – $279.4K
NOI $16,765 @ 7.0% cap · market cap 5.68%
Second Best
Mixed Use
$221.8K
$194.0K – $258.7K
NOI $15,523 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$332.9K
$291.3K – $388.4K
NOI $23,302 @ 7.0% cap · market cap 7.90%
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
15
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Commercial land - A manufactured home at the rear provides an on-site living component alongside the commercial parcel.
Where is this commercial land located?
The property is located at 9230 NE STATE ROAD 24 Bronson, FL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Manufactured home located at the rear of the parcel; Fronts State Road 24, a main route through Bronson, Florida; Stated zoning allows retail spaces of 15,000 square feet or less
