3670 Access RdEnglewood, FL 34224
- Office properties
- 2,192 SF
Property Details for 3670 Access Rd
- Year built
- 1994
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.23 AC
- Property size (Sq ft)
- 2,192 SF
- Zone code
- CG COMMERCIAL-GENERAL
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 41-20-02-354-016
- APU
- 412002354016
Description
This exceptional mixed-use commercial building, located at 3670 N Access Rd in Englewood, Florida (zip code 34224), presents a compelling investment opportunity. Priced at $498,900, the property boasts high visibility on the heavily trafficked 776 “Miracle Mile,” ensuring significant exposure for any business. The building is zoned CG and situated in an X Flood zone. Currently configured as two separate units, this versatile property offers flexibility for owner-occupancy and/or rental income generation. Lease one side and utilize the other for your own business, or maximize rental income by leasing both spaces. The property includes convenient off-street parking, a significant advantage in a high-traffic area. This prime location in Englewood, known for its high traffic counts, makes this a rare find at this price point. The property's strategic location and dual-unit configuration make it an ideal investment for both seasoned and aspiring commercial property owners seeking strong returns. Don't miss this chance to acquire a highly visible and profitable commercial property in a thriving Florida market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $581,450
- 6.5%
- $536,723
- 7%
- $498,386
-
Comparable approach
- Method
- Valuation
- Relative Method
- $439,736
- Geo Method
- $400,325
-
Alternative Use
- Use
- Valuation
- Residential
- $665,537
- Hospitality
- $609,628
- Educational
- $507,204
- Medical
- $524,647
- Retail
- $788,983
Location Insight
- City
- Englewood
- County
- Charlotte
- State
- Florida
- Latitude
- 26.9336
- Longitude
- -82.2861
- CBSA code
- 39460
- CBSA name
- PUNTA GORDA, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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