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Property profile & analytics
OFF-MARKET
Retail space

37059 Pecan St Hilliard, FL 32046

4,356 SF 0.66 ac lot Built 1950
Entity Owned 4-yr Hold
Property ID
US18-2789389
Property summary
AI-generated overview

This exceptional commercial property in downtown Hilliard, Florida, presents a unique investment opportunity. Located at 37059 Pecan St, this property boasts two buildings totaling 4,356 square feet of net rentable space on a 0.66-acre lot (APN: 08-3N-24-2381-0001-0000). The main building, approximately 3800 square feet, features an open floor plan and unique character, ideal for a variety of retail or office uses. The second building offers additional space, potentially suitable for office use or live/work arrangements. Built in 1950, this property is zoned C-1 and currently sits vacant, providing immediate occupancy. The asking price is $395,000, translating to $90.68 per square foot. Ample outdoor space is available for storage or product display. The seller is open to selling the buildings individually or as a package, offering flexibility for potential buyers. This property is priced below replacement cost and represents a prime commercial opportunity in a desirable location. The property's versatility makes it suitable for a wide range of businesses, including specialty retail, contractors, antique dealers, offices, or small wholesalers. This is a move-in ready opportunity in the heart of Hilliard.

Property profile
Verified
Property type Retail space
Year built 1950
Total area 4,356 SF
Lot 0.66 ac (28,750 SF)
APN 08-3N-24-2381-0001-0000
UPID US18-2789389
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
  • 1881 Occasions Wedding Service
  • Boondocks Junction Music Hall Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
1881 Occasions Real Estate Holding · 4 yrs held
1881 Occasions Real Estate Holding
since 2022
1 recorded transaction
2022
$375,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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