1720 Us Highway 17Pierson, FL 32180

Property Details for 1720 Us Highway 17

Year built

1954

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.26 AC

Property size (Sq ft)

2,952 SF

Zone code

B4

Property type

Retail properties

Property subtype

Other retail properties

APN

5920-02-11-0010

APU

592002110010

Description

This exceptional commercial property, located at 1720 S US Highway 17 in Pierson, Florida, presents a unique investment opportunity. Boasting 3,538 square feet on a 0.26-acre lot, this property sits at a highly visible corner intersection, a key strategic point connecting major roadways and facilitating east-west and north-south traffic flow. The high volume of traffic passing this location offers unparalleled exposure for any business. The property's "Other" classification allows for a wide range of potential uses, making it suitable for various commercial ventures. Its strategic placement ensures maximum visibility and accessibility, attracting a large customer base. The asking price is $625,000. This property's prime location and significant traffic volume make it an ideal investment for entrepreneurs seeking high visibility and accessibility for their business. The substantial square footage provides ample space for development and customization, allowing for flexibility in design and functionality. This is a rare opportunity to acquire a high-traffic commercial property in a rapidly growing area. Don't miss out on this chance to establish your business in a location with exceptional visibility and connectivity. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $738,662

  6.5%

  $681,842

  7%

  $633,139

• Comparable approach

  Method

  Valuation

  Relative Method

  $830,420

  Geo Method

  $830,420

• Alternative Use

  Use

  Valuation

  Residential

  $575,159

  Hospitality

  $526,843

  Educational

  $438,327

  Medical

  $453,402

  Retail

  $681,842

Location Insight

City

Pierson

County

Volusia

State

Florida

Latitude

29.1869

Longitude

-81.4209

CBSA code

19660

CBSA name

DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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