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Property profile & analytics
OFF-MARKET Estimated value $1,530,000
Retail space

167 Dearborn St Englewood, FL 34223-3260

7,560 SF 0.91 ac lot Built 1958
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US18-6202742
Property summary
AI-generated overview

This exceptional 7,560-square-foot storefront property, located at 167 W Dearborn St in Englewood, Florida (34223), presents a compelling investment opportunity. Built in 1958, this single-story building sits on a substantial 39,804-square-foot lot and is zoned CG. The asking price is $1,900,000, translating to $251.32 per square foot. Its prime corner location in downtown Englewood, at the intersection of W. Dearborn St and S. McCall Road, ensures high visibility and accessibility. The property benefits from significant foot traffic, amplified by its proximity to numerous community events including art shows, car shows, concerts, a seafood festival, and a beer fest. Ample parking is available for customer and tenant convenience. Further enhancing its appeal, the property is situated near a new waterfront marina development featuring a restaurant and upscale apartments, and a thriving Thursday farmers market (October-April). The area is experiencing significant growth, with a new public golf course under development on W. Dearborn Street. This property offers a unique blend of established success and exciting future potential within a vibrant and growing community. The building consists of one structure with a net rentable area of 7,560 square feet.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1958
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,560 SF
Lot 0.91 ac (39,804 SF)
Zoning code MSOD; CG
APN 0503-01-0007
UPID US18-6202742
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
AI Approach AI
$1.55M
CAP Approach CAP
$1.82M
Comparable Approach Comparable
$1.41M
Blend (final) Blend
$1.53M
Owner & transaction history
Mullet Properties INC · 1 yrs held
Mullet Properties INC
since 2025
Last sale
$1.5M
1 recorded transaction
2025
$1.5M
Zoning & alternative use
MSOD; CG · Englewood, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $2.2M +5.3%
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