20491 The Granada Dunnellon, FL 34432
- Commercial real estate
- 9,954 SF
- 0.63 lot acres
Current Use by Public Records
- Fashion Cuts Barbershop / Barber Shop
- Posh Salon / Beauty Salon
- Onestopshop420&Trends / Flea Market
- Discreet Boutique / Thrift Store
- Dunnellon Discount Grocery / Grocery Store
Property Details for 20491 The Granada
- Year built
- 1978
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.63 lot acres
- Property size
- 9,954 SF
- Zone code
- B5
- Property type
- Commercial real estate
- APN
- 3381-004-003
- APU
- 3381004003
Description
Granada Promenade offers exceptional retail and office space in Marion County. This 9,954 square foot building, constructed in 1978, sits on a 0.63-acre lot and is zoned B5. The property features multiple tenancies, with three spaces currently available, ranging from 800 to 1,600 square feet. Ideal for a variety of office and retail users, this location boasts strong co-tenancy with a salon, barbershop, grocery store, and dental group, ensuring high foot traffic and a vibrant atmosphere. The property benefits from its strategic location on the corner of Highway 41/Williams Street and Highway 484/Pennsylvania Avenue, experiencing significant traffic volume. Highway 41/Williams Street sees approximately 22,341 average annual daily traffic, while Highway 484/Pennsylvania Avenue registers approximately 12,841 average annual daily traffic. This prime location provides excellent visibility and accessibility for businesses seeking a thriving commercial environment. The building's traditional office subtype offers a versatile space adaptable to various business needs. This is a rare opportunity to secure a well-positioned space within a successful commercial center. Inquire today to learn more about available spaces and lease terms.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $600,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $535,000
- 6.5%
- $620,000
- 7%
- $525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $600,000
- Geo Method
- $590,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $600,000
- Retail
- $595,000
- Mixed-Use
- $490,000
- Hospitality
- $580,000
- Educational
- $545,000
- Residential Income
- $625,000
- Energy
- $600,000
- Income-Based Land
- $595,000
- Food Service
- $580,000
Location Insight
- Map
- Local Demand
- City
- Dunnellon
- County
- Marion
- State
- Florida
- Longitude
- -82.46
- Latitude
- 29.0488
- CBSA code
- 36100
- CBSA name
- OCALA, FL METROPOLITAN STATISTICAL AREA
