$1,699,000
16340 & 16264 S Highway 475 Highway Summerfield, FL 34491
For Sale MLS# G5067987
1,967 sq ft Commercial
Details for 16340 & 16264 S Highway 475 Highway
MLS# G5067987
Description for 16340 & 16264 S Highway 475 Highway, Summerfield, FL, 34491
Offering is an Excellent Investment - Income property!! 6.5% CAP Rate with a Great Tenant and long successful history at location. Site has 2 buildings on 6.78+/- Acres, completely fenced and gated, zoned B-5 & A-1, Marion County. The first bldg is a 1,904+/- SF former concrete block residence that has been converted to a very attractive commercial office administrative building with many private offices, large waiting - admin area, break room, restrooms, large class room or conference room. The 2nd bldg is a 12,000+/-SF Metal bldg with newer 2017 roof, 6 grade level overhead roll-up doors, large circular drive for easy access for semi-truck's with trailers, multiple private offices, restrooms, additional mezzanine storage and lighted signage. Property is on well and septic and immaculately maintained inside and out. Location is in the heart of Central Florida, an hour from Orlando and 30 minutes to Ocala or The Villages and minutes from I-75 Bellview Exit 341. Do not enter property without an appointment. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.
Listing Information
Property Type: Commercial, Mixed Use
Status: Active
Lot Size: 6.78 Acres
Square Feet: 1,967 sq ft
Year Built: 1990
Stories: 1 Story
Construction: Metal Frame,Metal Siding,Concrete
Construction Display: New Construction
Foundation: Slab
County: Marion
Construction Status: New Construction
Utilities
Sewer: Septic Tank
Other Utilities: Electricity Available,High Speed Internet Available,Phone Available,Water Connected
Cooling: Partial, Central Air
Heating: Central
Exterior / Lot Features
Parking Description: Parking Space(s), Common
Additional Exterior/Lot Features: Fence, Oversized Lot
Driving Directions
From Belleview go west on Hwy 484 toward I-75, just before I-75 turn left / south onto CR / hwy 475 property will be on the right - no sign - do not enter or disturb without an appointment
Financial Considerations
Terms: Cash,Conventional
Tax/Property ID: 44812-000-00
Tax Amount: 9828.64
Tax Year: 2022
Price Changes
| Date | Price | Change |
|---|---|---|
| 06/07/2024 03.29 PM | $1,699,000 | +$100,000 |
| 02/28/2024 05.47 PM | $1,599,000 |
A broker reciprocity listing courtesy: GRIZZARD COMMERCIAL REALESTATE
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Sales History & Tax Summary for 16340 & 16264 S Highway 475 Highway
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
Schools
Schools nearby 16340 & 16264 S Highway 475 Highway
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Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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