908 South 6Th Ave Wauchula, FL 33873
- Retail space
- 3,520 SF
- 0.20 lot acres
Current Use by Public Records
- Retail space
Property Details for 908 South 6Th Ave
- Year built
- 1987
- Construction
- STEEL FRAME
- Lot size
- 0.20 lot acres
- Property size
- 3,520 SF
- Zone code
- C-2
- Property type
- Retail space
- APN
- 09-34-25-0270-0000C-0017
- APU
- 09342502700000C0017
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $215,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $180,000
- Geo Method
- $210,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $170,000
- Retail
- $190,000
- Mixed-Use
- $175,000
- Hospitality
- $215,000
- Educational
- $185,000
- Residential Income
- $215,000
- Energy
- $195,000
- Income-Based Land
- $180,000
- Food Service
- $175,000
Location Insight
- Map
- Local Demand
- City
- Wauchula
- County
- Hardee
- State
- Florida
- Longitude
- -81.8096
- Latitude
- 27.5367
- CBSA code
- 48100
- CBSA name
- WAUCHULA, FL MICROPOLITAN STATISTICAL AREA