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Property profile & analytics
FOR SALE
Retail space

34 W Oak St Arcadia, FL 34266

15,840 SF 0.21 ac lot Built 1920
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US19-0774182
Property summary
AI-generated overview

This exceptional investment opportunity encompasses two strategically located retail buildings and a substantial parking lot in the thriving Arcadia, Florida market. The main building, situated at 34 W Oak Street, boasts a prominent corner location and offers a generous 15,840 actual square feet (15,760 base square feet) of retail space. Constructed in 1920, this building has recently undergone significant improvements, including a brand-new roof, ensuring long-term value and reduced maintenance costs. The second building, located at 14 N Polk Ave, provides an additional 1,473 actual square feet (882 base square feet) of retail space, built in 1965. Ample parking is guaranteed with a dedicated 5,327.5 square foot parking lot conveniently situated on N Polk Avenue. The combined properties occupy a sizable 17,220 square feet of land, representing a significant 0.39-acre lot. This combined property offers a unique opportunity to acquire a substantial retail presence in a high-traffic area, with the potential for diverse uses and significant return on investment. The asking price for this exceptional property is $900,000. This is a rare chance to own a well-established retail center with significant upside potential. Don't miss this opportunity to secure a prime piece of Arcadia real estate.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,840 SF
Lot 0.21 ac (9,191 SF)
Zoning code B-2
APN 25-37-24-0012-0030-0060
UPID US19-0774182
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nxk Investments LLC · 6 yrs held
Nxk Investments LLC
since 2020
Last sale
$390,000
7 recorded transactions
2020
$390,000
2018
Price N/A
2016
Price N/A
2010
$150,000
2009
Price N/A
2009
Price N/A
2004
$650,000
Zoning & alternative use
B-2 · Arcadia, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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