5673 Highway 31 SE Arcadia, FL 34266
For Sale
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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.
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
PUD · 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.