1858 C 48, Bushnell, FL 33513-8978
- Retail space
- 3,330 SF
- 1.48 lot acres
Current Use by Public Records
- I-75 Liquor / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
- Sweet Lickz / Grocery & Convenience Store / Specialty Food Shop
Property Details for 1858 C 48
- Year built
- 1997
- Construction
- STEEL FRAME
- Lot size
- 1.48 lot acres
- Property type
- Retail space
- APN
- N08-071
- APU
- N08071
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 1, 2006 | — | Bevilles Corner Group LLC | Bevilles Corner Grp LLC | Quit Claim Deed · related | — |
| Sep 1, 2006 | $675,000 | Bevilles Corner Group LLC | Bach,garry | Warranty Deed | $540k · Bank Of America |
| — | — | Bevilles Corner Group LLC | — | Deed Of Trust · related | $394k · Branch Banking & Trust Co |
Description
This exceptional 1.48-acre mixed-use property in Bushnell, Florida, presents a remarkable investment opportunity. Located on the highly visible east side of I-75, this property boasts 3810 square feet of building space with a large covered drive-through area. The existing structure, built in 1997 and meticulously maintained, currently houses three income-producing tenants with leases extending through the end of 2024. The property offers significant flexibility. Expand the existing building, construct an additional structure for extra income or your own business, or develop and ground lease to a large commercial tenant – the possibilities are vast. The zoning permits restaurant or retail use, aligning with the area's mixed-use commercial demand. This prime location benefits from easy access to and from I-75, without traffic medians, and access to city water and sewer services. It's less than half a mile from I-75 and surrounded by a thriving commercial landscape including Starbucks, McDonald's, Walmart, and numerous other national chains. Three nearby RV communities with over 1500 residences provide a substantial customer base. The property's dimensions are approximately 210 feet on Belt Ave/CR 48 and 310 feet on SW 18th Terr. This location offers unparalleled convenience, with Ocala a 45-minute drive and Tampa an hour away. Don't miss this chance to capitalize on a truly exceptional commercial property.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $625,000
- 6.5%
- $580,000
- 7%
- $540,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $419,000
Market price range: $139k - $552k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $640,000 Current use
- OFFICE BUILDING
- $660,000 Change: +3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bushnell
- County
- Sumter
- State
- Florida
- Longitude
- -82.135
- Latitude
- 28.6692
- CBSA code
- 45540
- CBSA name
- THE VILLAGES, FL MICROPOLITAN STATISTICAL AREA
