908 6Th AveWauchula, FL 33873

  • Retail properties
  • 3,520 SF
For Sale
$499,000 View listing

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
908 6Th Ave, Wauchula, Florida

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,092
$26,136
$166,362
$192,498
-
$26,136
$166,362
$192,498

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