Property profile

10650 Us-441 Belleview, FL 34420

OFF-MARKET
Land
0.52 ac lot
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Property summary

AI-generated overview

This exceptional .52-acre commercial land parcel presents a prime infill opportunity in Belleview, Florida. Strategically located on US Highway 441 and Lingenfelter Drive, this B5-zoned lot boasts high visibility and accessibility, situated behind Regions Bank and adjacent to the newly opened Ace Hardware. Currently paved and utilized as a parking lot, the property benefits from a daily traffic count of 28,000 vehicles on Highway 441. Its central location within Belleview's city limits ensures convenient access to amenities and a thriving community. The property offers a cross easement and parking access to Belleview Square, negotiable with the buyer. Access to the property is via Lingenfelter Drive from Highway 441. The asking price is $200,000. A tenant constructing on the property would be responsible for building construction and maintenance, and would pay a Net, Net, Net (NNN) rate, estimated at $2.00 per square foot for taxes, insurance, and common area maintenance. This property is also available for lease separately. This is an excellent investment opportunity in a rapidly growing area.

Property profile

Verified
Property type Land
Lot 0.52 ac (22,651 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10650 Us-441 Belleview, FL 34420
Belleview metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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