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Property profile & analytics

5673 Highway 31 SE Arcadia, FL 34266

  • Individual retail properties
  • 12,089 SF
  • 25.88 lot acres
For Sale
Last Sale
Oct 31, 2022
$635,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US18-3324420
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Individual retail properties

Property Details for 5673 Highway 31 SE

Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
25.88 lot acres
Property size
12,089 SF
Zone code
PUD
Property type
Individual retail properties
APN
27-38-25-0000-0070-0000
APU
273825000000700000

Description

This exceptional 31,929 square foot commercial property, situated on a 2.83-acre lot at 5673 SE Highway 31 in Arcadia, Florida, presents a unique investment opportunity. Previously utilized as a gymnasium for a state-owned juvenile justice center, the building offers significant potential for adaptive reuse as a warehouse or shop, complemented by existing office space. The versatile layout allows for a variety of commercial applications. The property enjoys a highly convenient location, just five minutes from Arcadia and a short 35-minute drive to Fort Myers, Punta Gorda/Port Charlotte, and Interstate 75, ensuring excellent accessibility and connectivity. The seller is offering attractive financing options with a 20% down payment. This presents a compelling chance to acquire a substantial commercial space in a rapidly developing area. Note that an adjacent property is also available for purchase separately, providing an opportunity to expand your holdings. The building's size and location make it ideal for businesses seeking a large footprint with easy highway access. This is a rare chance to acquire a significant commercial property in a growing market with flexible financing terms. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $610,000
    ML approach
    $595,000
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $1,000,000
    RETAIL STORES
    $690,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Arcadia
County
Desoto
State
Florida
Longitude
-81.8043
Latitude
27.1372
CBSA code
11580
CBSA name
ARCADIA, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,185
$388,200
$790,357
$1,178,557
-
$388,200
$790,357
$1,178,557
More about this property
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