265 Bridge StLabelle, FL 33935

Property Details for 265 Bridge St

Year built

1970

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.73 AC

Property size (Sq ft)

4,666 SF

Zone code

LB-B-1

Property type

Retail properties

Property subtype

Retail space

APN

2 29 43 01 010 0023-005.0

APU

229430101000230050

Description

This exceptional retail property, located at 265 N Bridge Street in Labelle, Florida, presents a unique investment opportunity. Situated on a sizable 0.74-acre lot, this property offers significant potential for a variety of commercial ventures. The building's size is not currently specified, allowing for flexible development plans to suit a range of business needs. The asking price is $990,000, reflecting the property's prime location and development potential within the thriving Labelle market. The address, 265 N Bridge Street, places the property in a high-traffic area, ensuring excellent visibility and accessibility for customers. This makes it an ideal location for businesses seeking strong foot traffic and convenient access for their clientele. Given the size of the lot, there is ample space for expansion, additional parking, or outdoor seating areas, depending on the intended use. The property's classification as retail suggests its suitability for a wide range of businesses, from shops and boutiques to restaurants and service providers. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is ready for immediate occupancy, presenting a rare opportunity to establish a thriving business in a desirable location. Further details regarding the building's specifications are available upon request. Don't miss this chance to acquire a valuable asset in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,983,528

  6.5%

  $1,830,949

  7%

  $1,700,167

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,342,118

  Geo Method

  $3,270,930

• Alternative Use

  Use

  Valuation

  Residential

  $1,544,474

  Hospitality

  $1,414,730

  Educational

  $1,177,039

  Medical

  $1,217,519

  Retail

  $1,830,949

Location Insight

City

Labelle

County

Hendry

State

Florida

Latitude

26.7657

Longitude

-81.4371

CBSA code

17500

CBSA name

CLEWISTON, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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