Property summary
This 8,202 square foot, single-story shopping center in Holiday, Florida presents a unique value-add investment opportunity. Located at 5513 Chaparral Ln, 34690, this distressed property sits on 0.48 acres and is currently 18% occupied with two month-to-month tenants. The property, built in 1979, consists of ten units within a single building and is classified as Class D. The sale is an "as-is" transaction. Currently zoned C2 commercial, the future land use designation is IL, allowing for light industrial applications. The property is situated in an AE flood zone. This multi-tenant, gross lease property offers significant upside for an investor seeking to reposition or redevelop the asset. The asking price is $600,000. The property's current condition and zoning provide a compelling opportunity for a buyer to capitalize on its potential. This is a value-add investment with potential for significant returns.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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