602 Hathaway AveBronson, FL 32621

Property Details for 602 Hathaway Ave

Year built

1970

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.61 AC

Property size (Sq ft)

2,524 SF

Property type

Office buildings

APN

646000000

APU

646000000

Description

This exceptional commercial property in Bronson, Florida, presents a unique investment opportunity. Located at 602 Hathaway Avenue, the property boasts an impressive 1.25-acre lot with significant highway frontage: 288 feet along Highway 27 and 230 feet along Highway 337. This high-visibility location ensures maximum exposure for any business. The property comprises three parcels and features two separate buildings, each offering multiple office spaces and conference rooms. The total square footage of the buildings is 4,014 square feet, providing ample space for a variety of commercial uses. The property's strategic location in a rapidly expanding town offers significant growth potential. Its dual highway frontage provides unparalleled accessibility and visibility, making it ideal for a corporate headquarters, retail establishment, professional services center, or other commercial ventures. This is a rare opportunity to acquire a substantial commercial property in a thriving Florida community with excellent road frontage and ample space for immediate occupancy and future expansion. The asking price is $500,000.

• CAP approach

  CAP return

  Valuation

  6%

  $545,058

  6.5%

  $503,130

  7%

  $467,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $171,657

  Geo Method

  $171,657

• Alternative Use

  Use

  Valuation

  Residential

  $623,882

  Hospitality

  $571,472

  Educational

  $475,458

  Medical

  $491,810

  Retail

  $739,602

Location Insight

City

Bronson

County

Levy

State

Florida

Latitude

29.4438

Longitude

-82.6346

CBSA code

23540

CBSA name

GAINESVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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