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    OFF-MARKET
    Commercial real estate

    920 Mills Ave, Arcadia, FL 34266

    7,266 SF 0.95 ac lot Built 1993
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7,266 sq ft commercial building in Arcadia, FL, sits on a 0.95-acre lot and is priced at $1,299,900. Currently generating over $11,500 monthly in rental income, this property presents a significant investment opportunity. The building boasts a newly installed roof and A/C system, ensuring low maintenance costs. Its prime location across from DeSoto Hospital and the police station offers high visibility and accessibility. The property features a fully operational TV studio, ideal for streaming or broadcasting, along with ample parking. High-speed fiber internet, exceeding 200 MB upload speeds (owner-installed), enhances its appeal. Additional amenities include a full security system, executive shower, kitchen, and a well-maintained picnic area. The building is suitable for various uses, including medical offices, daycare centers, professional offices, or even a corporate headquarters. Its proximity to Highway 17 and 70, along with a nearby college, provides easy access to transportation and a skilled workforce. Seller financing is available, making this a compelling investment opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1993
    Total area 7,266 SF
    Lot 0.95 ac (41,382 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
    Current use
    Occupant on record · Public records
    • Charles L. Perkins, III, M.D., Ph.D. Physician
    • Daniel E. Dosoretz, MD, FACR, FACRO Physician
    • Diecast TV Trade Show Venue (Bike/Boat/Book/etc) Store
    • Alex LeClair Realtor at Coldwell Banker Sunstar Real Estate Agency
    • Florida State Auctions Trade Show Venue (Bike/Boat/Book/etc) Store
    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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