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    OFF-MARKET Estimated value $2,550,000
    Grocery and convenience stores

    1737 Oak St, Arcadia, FL 34266-8925

    43,205 SF 3.99 ac lot Built 1991
    Individually Owned 28-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-3125917
    Property summary
    AI-generated overview

    Arcadia Plaza, located at 1737 E Oak St, Arcadia, FL 34266, presents a significant investment opportunity. This two-building complex, totaling 136,366 square feet, offers multiple suites within a traditional office setting. Built in 1984 and renovated in 2003, the property sits on a generous 10.21 acres of land, zoned C1. The property features 612 parking spaces, providing ample convenience for tenants and visitors. Currently, there is 3,410 square feet of vacant space available for lease, ideal for a variety of businesses. The buildings are single-story structures, easily accessible from its western boundary on State Road 70 (Oak Street) and Northeast Turner Avenue. The property's location in the northeast area of Arcadia, Desoto County, Florida, offers excellent visibility and accessibility. The property's APN is 32-37-25-0000-0202-0000. While there are no elevators, the single-story design ensures easy navigation. The property consists of 20 total suites, providing flexibility for various tenant needs. This is a rare opportunity to acquire a substantial office complex in a desirable location. The property's size, ample parking, and convenient location make it an attractive option for businesses seeking a prominent presence in Arcadia.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 1991
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 43,205 SF
    Lot 3.99 ac (173,717 SF)
    Zoning code CG
    APN 32-37-25-0000-0206-0000
    UPID US18-3125917
    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
    Current use
    Occupant on record · Public records
    • Winn-Dixie Grocery & Convenience Store Food Market
    • Winn-Dixie Pharmacy Pharmacy
    • Quick-Tag Shopping Center & Mall (Bike/Boat/Book/etc) Store
    • Primo Water Refill & Exchange Big Box & Wholesale Store
    • Supermatt Laundry (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.63M
    Blend (final) Blend
    $2.55M
    Owner & transaction history
    LEONARD SILVERBERG BARBARA R SILVERBERG
    LEONARD SILVERBERG BARBARA R SILVERBERG
    Zoning & alternative use
    CG · Arcadia, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $3.7M +91.5%
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