Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9579 Us-441 Belleview, FL 34420
    Back to Search
    Property profile & analytics

    9579 Us-441, Belleview, FL 34420

    View on Map
    • Specialty properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 9579 Us-441

    Property type
    Specialty properties
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional single-tenant retail property, located at 9579 US-441 in Belleview, Florida (zip code 34420), offers 640 square feet of versatile space ideal for a variety of uses. The building, constructed in 2024, boasts a single story and is situated on a lot providing ample space. Its classification as Retail, Restaurant, or Special Purpose makes it highly adaptable to diverse business needs. Specifically, the property's location is particularly well-suited for businesses such as car dealerships, RV sales and storage, or equipment rental companies. The property is categorized as a sales/storage subtype, reflecting its suitability for businesses requiring space for inventory or display. The single-tenancy aspect provides a streamlined and efficient operational environment. This prime Belleview location offers excellent visibility and accessibility, making it an attractive opportunity for businesses seeking a strong foothold in a thriving market. The property's recent renovation in 2024 ensures modern amenities and a move-in ready condition. Serious inquiries are encouraged to explore the potential of this exceptional retail space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Belleview
    County
    Marion
    State
    Florida
    Longitude
    -82.078
    Latitude
    29.0831

    Comparable in this City

    • Value Estimation by Request
      0.48 Acres

      Belleview, FL 34420

      PROFESSIONAL CLUBS/ASSOCIATIONS
      Belleview, FL 34420
      View Details
    • Value Estimation by Request

      Us Highway 441

      Land
      0 Us Highway 441, Belleview, FL 34420
      View Details
    • Value Estimation by Request
      0.38 Acres

      Belleview, FL 34420

      NURSERY, GREENHOUSE, FLORIST
      Belleview, FL 34420
      View Details
    • Value Estimation by Request
      9.97 Acres

      Belleview, FL 34420

      CENTRALLY ASSESSED
      Belleview, FL 34420
      View Details
    • Value Estimation by Request
      9.11 Acres

      Belleview, FL 34420

      CENTRALLY ASSESSED
      Belleview, FL 34420
      View Details
    • Value Estimation by Request
      6.33 Acres

      Belleview, FL 34420

      CENTRALLY ASSESSED
      Belleview, FL 34420
      View Details

    Similar Nearby for Sale

    • New
      $2,700,000
      7.50 Acres

      Prime Commercial Corner Lot

      7.5 acre commercial and residential land in Belleview, Florida.
      Us Highway 301, Belleview, FL 34420
      View Details
    • Contact for pricing
      15,120 SF

      Walgreens Property For Sale

      NN property with lease extended to 2038.
      4920 SE Abshier Blvd, Belleview, FL 34420
      View Details
    • Contact for pricing

      Prime Commercial Corner Outparcel

      Highly visible commercial outparcel at a signalized intersection in Belleview.
      6041 SE Abshier Blvd, Belleview, FL 34420
      View Details
    • Contact for pricing

      Belleview Highway Commercial Properties For Sale

      Two commercial properties on US Highway 441 in Belleview, Florida.
      5148 Se Abshier Blvd, Belleview, FL 34420
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Restaurant/Retail Space For Rent

      Restaurant and retail spaces available in grocery anchored center.
      10737-10845 Us Highway 441 SE, Belleview, FL 34420
      View Details
    • Contact for pricing

      Belleview Restaurant Space For Rent

      Turn-key restaurant opportunity in high-traffic Dunkin’ Donuts plaza.
      6011 SE Abshier Blvd, Belleview, FL 34420
      View Details
    • $21,600

      Turn-Key Restaurant in Dunkin' Plaza

      Restaurant space in high-traffic plaza, ready for immediate use.
      6011 SE Abshier Blvd, Belleview, FL 34420
      View Details
    • Contact for pricing

      Prime Belleview Outparcel Land Lease

      1.18-acre B4-zoned outparcel ideal for QSR or retail.
      6041 SE Abshier Blvd, Belleview, FL 34420
      View Details
    • $600 /Mo
      245 SF

      Belleview Retail Space For Rent

      Retail space in a high-traffic location with utilities included.
      4849 SE 110Th St, Belleview, FL 34420
      View Details
    • $23,400

      Retail Space For Lease

      1650 sq ft commercial space in busy area.
      5304 SE Abshier Blvd, Belleview, FL 34420
      View Details
    Request Owner's contact information
    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.
    9579 Us-441
    Belleview, FL 34420
    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
    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

    Thank You for Inquiry
    9579 Us-441, Belleview, FL, 34420
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!