Technical
Financial
Distress signals
Property profile

908 6th Ave Wauchula, FL 33873

OFF-MARKET
Retail space
Property ID
US18-4103247
3,520 SF 0.2 ac lot Built 1987
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use commercial property, located at 908 S 6th Avenue in Wauchula, Florida, presents a compelling investment opportunity. The plaza enjoys a prime location within a bustling retail area, ensuring high visibility and significant foot traffic. The property features a convenient parking lot with dual access points, providing easy ingress and egress for customers and tenants. The plaza itself comprises three individual units. Two of these units are currently occupied by a single, established business, demonstrating the property's appeal and strong tenant occupancy. The remaining unit is also leased to another thriving business, generating consistent rental income. This turnkey investment offers immediate cash flow and the potential for future growth within a dynamic commercial environment. The property's strategic location and existing tenant occupancy make it an attractive proposition for investors seeking a stable and profitable commercial asset in a thriving retail market. The well-maintained structure and ample parking contribute to the overall desirability of this property, making it an ideal choice for discerning investors looking for a strong return on their investment. The property is offered at $499,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Construction STEEL FRAME
Total area 3,520 SF
Lot 0.2 ac (8,712 SF)
Zoning code C-2
APN 09-34-25-0270-0000C-0017
UPID US18-4103247

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Roofing Company General Contractor

Location

908 6th Ave Wauchula, FL 33873-3304
Wauchula metro Census 970401 WAUCHULA, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$200k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2022
Last sale
$230,000
2 recorded transactions
2022
$230,000
2006
$196,000

Zoning & alternative use

C-2 · Wauchula, FL
Zoning description

The purpose of C-2 is to provide areas for a variety of commercial and light industrial uses that generate a high volume of traffic, have large parking needs or must be located on a highway, including retail commercial u…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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