1950 Hwy Belleview, FL 34420
This exceptional executive office building, located at 1950 SE HWY 484 in Belleview, Florida, presents a unique investment opportunity. The property boasts 12,889 square feet of office space, currently priced at $1,100,000 ($85.34 per square foot). Situated on a three-acre lot zoned RC1, the property offers significant potential for expansion or redevelopment. Ample parking and prominent monument signage enhance visibility and accessibility. The building's strategic location on HWY 484 provides convenient access to I-75, placing it within easy reach of The Villages, Belleview, and Marion Oaks. Adding to its versatility, approximately 1,500 square feet of the building is currently leased as lab space. The substantial land area behind the building offers significant development possibilities, complementing the existing office space. This property is ideal for businesses seeking a high-profile location with excellent access to major transportation routes and a strong local market. The combination of existing income from the leased lab space and the potential for future development makes this a compelling investment opportunity in a rapidly growing area of Florida. The property's zoning and size provide flexibility for a variety of uses, making it an attractive option for both established businesses and new ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.