34 W Oak St Arcadia, FL 34266
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Arcadia, FLArcadia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.