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Property profile & analytics
OFF-MARKET
Land

9946 Us-441 Belleview, FL 34420

6.59 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.59-acre commercial land parcel in Belleview, Florida, presents a remarkable investment opportunity. Located on US Highway 441, the property boasts over 500 feet of high-traffic road frontage, ensuring excellent visibility and accessibility. Currently zoned B-5 (with a pending application to extend B-5 zoning across all three parcels, expected completion around May 21, 2024), this site offers a multitude of development possibilities. The property includes existing structures, comprising a mobile home generating $1600 monthly income, motel office suites yielding $6000 monthly, and a storage yard contributing $1000 monthly. These existing income streams provide immediate return on investment. An existing billboard and a transferable communications tower lease add further value. The property's strategic location is less than a quarter-mile from a newly constructed Publix and Mavis Tire, enhancing its commercial appeal. The site's versatility allows for various uses, including flex warehouse space, RV or personal storage, equipment sales, cold storage, moving and trucking operations, and utility service yards. The property's position at the corner of SE 100th Street provides secondary access to Cobblestone North and Cobblestone Phase II, further increasing its potential. Adjacent properties include a towing company and car wash, indicating a thriving commercial environment. The asking price is $2,250,000. APN: 36862-000-00. Ownership is held by an LLC.

Property profile
Verified
Property type Land
Lot 6.59 ac (287,060 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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