917 Oak St Arcadia, FL 34266-8953
Property Lookup
Property profile & analytics
917 Oak St Arcadia, FL 34266-8953
- Strip malls
- 7,674 SF
- 0.62 lot acres
Property ID
US18-0837612
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.
Location Intelligence
Current Use by Public Records
- Old Town Nutrition / Cafe & Coffee Shop
Property Details for 917 Oak St
- Year built
- 1979
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.62 lot acres
- Property size
- 7,674 SF
- Zone code
- B-3
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 31-37-25-0016-2080-0050
- APU
- 313725001620800050
Description
This exceptional 10,000-square-foot shopping center in Arcadia, Florida, presents a compelling investment opportunity. Located at 917 E Oak St, this single-story, 1979-built property (fully renovated in 2023) boasts a prime location on a bustling thoroughfare, ensuring high visibility and accessibility. The property features a mix of six tenants, including four national brands, two regional, and one local, resulting in 100% occupancy since September 21, 2021. The gross lease structure provides a stable income stream with a remaining lease term of four years on a five-year agreement. The property's Net Operating Income (NOI) is $93,886, yielding a 5.07% cap rate. The 6,600 square feet of net rentable space is complemented by 40 parking spaces and a generous 34,332-square-foot lot, offering significant land value at $281 per square foot. The B-3 zoning allows for diverse commercial uses. This stabilized investment, with its strong tenant mix and established location, offers a secure and profitable return. The asking price is $1,850,000, representing a price per square foot of $185. The property is owned by ARCADIA PLAZA LLC and has a DeSoto County APN of 31-37-25-0016-2080-0050. This is a rare opportunity to acquire a well-established, high-performing commercial property in a thriving Florida market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $635,000
- ML approach
- $565,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $690,000
- AUTO REPAIR, GARAGE
- $635,000
- RETAIL STORES
- $435,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Arcadia
- County
- Desoto
- State
- Florida
- Longitude
- -81.8486
- Latitude
- 27.2119
- 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
$5,334
$0.00
$225,000
$225,000
-
$0.00
$225,000
$225,000
