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Property profile & analytics
OFF-MARKET
Office Spaces

1950 Hwy Belleview, FL 34420

12,889 SF 3 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 12,889 SF
Lot 3 ac (130,680 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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