Property profile

1737 Oak St Arcadia, FL 34266

OFF-MARKET
Grocery and convenience stores
Property ID
US18-3125917
43,205 SF 3.99 ac lot Built 1991
Individually Owned 28-yr Hold Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market
  • Pharmacy
  • Shopping Center & Mall (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • (Bike/Boat/Book/etc) Store

Location

1737 Oak St Arcadia, FL 34266-8925
Arcadia metro Census 10101 ARCADIA, FL MICROPOLITAN STATISTICAL AREA
Google Maps

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

Zoning & alternative use

CG · Arcadia, FL
Top alternative use upside
Auto repair, garage $3.7M +91.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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