About 16340 & 16264 South Highway 475 Highway
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.
Features of 16340 & 16264 South Highway 475 Highway
| MLS® # | G5067987 |
|---|---|
| Price | $1,599,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,967 |
| Acres | 6.78 |
| Year Built | 1990 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 16340 & 16264 South Highway 475 Highway |
|---|---|
| Area | Summerfield |
| City | SUMMERFIELD |
| County | Marion |
| State | FL |
| Zip Code | 34491 |
Amenities
| Parking | Parking Spaces - 6 to 12, Common |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Office Only, Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | Oversized Lot, Retention Areas, Paved |
|---|---|
| Foundation | Slab |
Additional Information
| Date Listed | April 24th, 2023 |
|---|---|
| Days on Market | 372 |
| Zoning | B5 & A1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Daniel Tatro |
|---|---|
| Office | GRIZZARD COMMERCIAL REALESTATE |