908 6Th AveWauchula, FL 33873
- Retail properties
- 3,520 SF
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 properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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