This 2,329 sqft office space is split into two offices. Each having its own front door and shared meter. Cash flowing with a tenant that has been in the building over a decade. Currently leased at $1750 each month, with tenant paying utilities. ( 6.35% Cap Rate ) This lease will expire 1/1/2025, at which point the rent rate could be brought to current market value or purchase with plans on occupying the space for your own business. The building has two HVCA units, one being less than a month old and the other less than a year old.
MLS# | OM679033 |
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Listing Type | For Sale |
Style | Office Building |
Sub-Type | For-sale |
Status | Active |
Year | 1953 |
Days On Site | 128 |
Listing Provided By | GUS GALLOWAY REALTY INC | Forrest Opitz |
SQ Feet | 2,329 |
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Story(s) | 1 |
Zoning | B2 |
Acreage | 0.14 |
Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
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Date: Sep 2024 | Sales: 6 | Avg $ Per SqFt: $16.58 | Min Sale Price: $1,500 | Max Sale Price: $255,000 | Med Sale Price: $1,750 |
Date: Aug 2024 | Sales: 16 | Avg $ Per SqFt: $102.96 | Min Sale Price: $1,799 | Max Sale Price: $519,000 | Med Sale Price: $121,000 |
Date: Jul 2024 | Sales: 16 | Avg $ Per SqFt: $138.88 | Min Sale Price: $1,324 | Max Sale Price: $418,400 | Med Sale Price: $178,500 |
Date: Jun 2024 | Sales: 9 | Avg $ Per SqFt: $148.17 | Min Sale Price: $13,000 | Max Sale Price: $350,000 | Med Sale Price: $255,000 |
Date: May 2024 | Sales: 8 | Avg $ Per SqFt: $156.17 | Min Sale Price: $147,000 | Max Sale Price: $333,990 | Med Sale Price: $271,745 |
Date: Apr 2024 | Sales: 6 | Avg $ Per SqFt: $158.11 | Min Sale Price: $245,000 | Max Sale Price: $442,500 | Med Sale Price: $302,490 |
Date: Mar 2024 | Sales: 4 | Avg $ Per SqFt: $158.61 | Min Sale Price: $158,000 | Max Sale Price: $289,990 | Med Sale Price: $271,995 |
Date: Feb 2024 | Sales: 1 | Avg $ Per SqFt: $163.01 | Min Sale Price: $297,990 | Max Sale Price: $297,990 | Med Sale Price: $297,990 |
Date: Nov 2023 | Sales: 1 | Avg $ Per SqFt: $165.94 | Min Sale Price: $289,900 | Max Sale Price: $289,900 | Med Sale Price: $289,900 |
Sep 2024 | |
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Sales: | 6 |
Avg $ Per SqFt: | $16.58 |
Min Sale Price: | $1,500 |
Max Sale Price: | $255,000 |
Med Sale Price: | $1,750 |
Aug 2024 | |
Sales: | 16 |
Avg $ Per SqFt: | $102.96 |
Min Sale Price: | $1,799 |
Max Sale Price: | $519,000 |
Med Sale Price: | $121,000 |
Jul 2024 | |
Sales: | 16 |
Avg $ Per SqFt: | $138.88 |
Min Sale Price: | $1,324 |
Max Sale Price: | $418,400 |
Med Sale Price: | $178,500 |
Jun 2024 | |
Sales: | 9 |
Avg $ Per SqFt: | $148.17 |
Min Sale Price: | $13,000 |
Max Sale Price: | $350,000 |
Med Sale Price: | $255,000 |
May 2024 | |
Sales: | 8 |
Avg $ Per SqFt: | $156.17 |
Min Sale Price: | $147,000 |
Max Sale Price: | $333,990 |
Med Sale Price: | $271,745 |
Apr 2024 | |
Sales: | 6 |
Avg $ Per SqFt: | $158.11 |
Min Sale Price: | $245,000 |
Max Sale Price: | $442,500 |
Med Sale Price: | $302,490 |
Mar 2024 | |
Sales: | 4 |
Avg $ Per SqFt: | $158.61 |
Min Sale Price: | $158,000 |
Max Sale Price: | $289,990 |
Med Sale Price: | $271,995 |
Feb 2024 | |
Sales: | 1 |
Avg $ Per SqFt: | $163.01 |
Min Sale Price: | $297,990 |
Max Sale Price: | $297,990 |
Med Sale Price: | $297,990 |
Nov 2023 | |
Sales: | 1 |
Avg $ Per SqFt: | $165.94 |
Min Sale Price: | $289,900 |
Max Sale Price: | $289,900 |
Med Sale Price: | $289,900 |
Attachments | |
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Loading |
State | FL |
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County | Marion |
City | BELLEVIEW |
Zip Code | 34420 |
Area | 34420 Belleview |
Listing VS Median (in 34420) | |
Price: $289,900 low | high Med: $279,900 53.449465332873% of Average SqFt: 2,329 low | high Med: 1,453 87.612709317304% of Average $ / SqFt: $124 low | high Med: $193 4.759941665339% of Average On Site: 128 low | high Med: 83.000000 100% of Average |