Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5979 20Th Dr Bushnell, FL 33513
    Back to Search
    Property profile & analytics

    5979 20Th Dr Bushnell, FL 33513

    View on Map
    • Retail properties & Spaces
    • 2,014 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 5979 20Th Dr

    Property size
    2,014 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional 2,014 square foot creative office space in Bushnell, Florida, presents a fantastic opportunity for a small business or office seeking a high-visibility location. Situated at 5979 SW 20th Dr, 33513, this single-tenant property offers excellent exposure due to its proximity to Highway 48 and I-75, ensuring high traffic visibility. The building's strategic placement directly across from a Super Walmart guarantees significant foot traffic and brand recognition. The property is classified as Retail, Office, and Restaurant, offering versatility for various business types. The space is ideal for businesses needing a substantial footprint to operate effectively. This is a Net, Net, Net (NNN) lease at a monthly rate of $3200. The property is located in Sumter County and is easily accessible from major roadways, making it convenient for employees and customers alike. The building's size and location make it an attractive option for businesses seeking a prominent presence in a thriving area. This is a single-tenant space, providing privacy and control over the entire premises. The property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bushnell
    County
    Sumter
    State
    Florida
    Longitude
    -82.1386
    Latitude
    28.669

    Comparable in this City

    • Value Estimation by Request
      7,673 SF

      2082 C 48

      Restaurants • 7,673 SF
      2082 C 48, Bushnell, FL 33513
      View Details
    • Value Estimation by Request

      411 West St

      Office Units
      411 West St, Bushnell, FL 33513
      View Details
    • Value Estimation by Request

      Bushnell Plz

      Restaurants
      0 Bushnell Plz, Bushnell, FL 33513
      View Details
    • Value Estimation by Request
      16.00 Acres

      2082 C 48

      Restaurants • 16.00 Acres
      2082 C 48, Bushnell, FL 33513
      View Details
    • Value Estimation by Request
      480 SF

      3300 Us 301

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 480 SF
      3300 Us 301, Bushnell, FL 33513-3418
      View Details
    • Value Estimation by Request
      750 SF

      1391 C 48

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 750 SF
      1391 C 48, Bushnell, FL 33513-8973
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Downtown Commercial Building in Bushnell

      Commercial building in Bushnell's central business district near government offices.
      124 Bushnell Plz, Bushnell, FL 33513
      View Details
    • $499,000
      Pending

      Downtown Bushnell Commercial Building For Sale

      Commercial building in Bushnell's central business district, ideal for various uses.
      124 Bushnell Plz, Bushnell, FL 33513
      View Details
    • Contact for pricing
      5,340 SF

      Downtown Bushnell Commercial Building

      5,340 sq. ft. commercial building in Bushnell's central district.
      124 Bushnell Plz, Bushnell, FL 33513
      View Details
    • Contact for pricing
      2,519 SF

      Main Street Retail/Office Building

      Retail/office building in rapidly growing area near The Villages.
      232 N Main St, Bushnell, FL 33513
      View Details
    • $499,000
      Pending

      Downtown Bushnell Commercial Building For Sale

      Commercial building in Bushnell's central business district, ideal for multiple uses.
      124 Bushnell Plz, Bushnell, FL 33513
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail/Office Space Near Highway

      2000+ sqft retail/office space with highway exposure.
      5979 SW 20Th Dr, Bushnell, FL 33513
      View Details
    • Contact for pricing

      Prime Land in Growing County

      16+ acres of commercial land for lease in Bushnell, Florida.
      2082 W C 48, Bushnell, FL 33513
      View Details
    • Contact for pricing

      Shell Unit For Rent

      Shell unit available for rent, build-out to suit.
      1814 W C 48, Bushnell, FL 33513
      View Details
    • Contact for pricing

      Restaurant Space with Large Kitchen

      7,673 Sqft restaurant space with functioning hood system.
      2082 W C 48, Bushnell, FL 33513
      View Details
    • Contact for pricing

      Retail Space in Shopping Center

      Retail spaces available in established shopping center.
      1010 N Main St, Bushnell, FL 33513
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5979 20Th Dr
    Bushnell, FL 33513
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5979 20Th Dr, Bushnell, FL, 33513
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!