$1,599,000

16340 & 16264 S Highway 475 Highway, Summerfield, FL 34491

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$1,599,000

16340 & 16264 S Highway 475 Highway Summerfield, FL 34491

For Sale MLS# G5067987

1,967 sq ftCommercial

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Data current as of 22/04/2024 02:39:10

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!! 5.6% 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

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


$1,599,000 Original Price
$1,599,000 Current Price
$0Total Change
Date Price Change
02/28/2024 05.47 PM $1,599,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 16340 & 16264 S Highway 475 Highway

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Schools nearby Grades Distance SchoolDigger® Rating i
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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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