908 6Th AveWauchula, FL 33873

Property Details for 908 6Th Ave

Year built

1987

Construction

STEEL FRAME

Lot size

0.20 AC

Property size (Sq ft)

3,520 SF

Zone code

C-2

Property type

Retail space

APN

09-34-25-0270-0000C-0017

APU

09342502700000C0017

Description

This exceptional mixed-use commercial property, located at 908 S 6th Avenue in Wauchula, Florida, presents a compelling investment opportunity. The plaza enjoys a prime location within a bustling retail area, ensuring high visibility and significant foot traffic. The property features a convenient parking lot with dual access points, providing easy ingress and egress for customers and tenants. The plaza itself comprises three individual units. Two of these units are currently occupied by a single, established business, demonstrating the property's appeal and strong tenant occupancy. The remaining unit is also leased to another thriving business, generating consistent rental income. This turnkey investment offers immediate cash flow and the potential for future growth within a dynamic commercial environment. The property's strategic location and existing tenant occupancy make it an attractive proposition for investors seeking a stable and profitable commercial asset in a thriving retail market. The well-maintained structure and ample parking contribute to the overall desirability of this property, making it an ideal choice for discerning investors looking for a strong return on their investment. The property is offered at $499,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,400,502

  6.5%

  $1,292,771

  7%

  $1,200,430

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,787,386

  Geo Method

  $1,620,001

• Alternative Use

  Use

  Valuation

  Residential

  $1,090,501

  Hospitality

  $998,893

  Educational

  $831,067

  Medical

  $859,649

  Retail

  $1,292,771

Location Insight

City

Wauchula

County

Hardee

State

Florida

Latitude

27.5367

Longitude

-81.8096

CBSA code

48100

CBSA name

WAUCHULA, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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