16340-16264 South Highway 475
$1,699,000
—
1,967
1,967
$864
Description
Offering is an Excellent Investment - Income property! 6.5% CAP Rate with a Great Tenant and long successful history at location. Site has 2 buildings on 6.78+/- Acres, completely fenced and gated, zoned B-5 & A-1, Marion County. The first bldg is a 1,904+/- SF former concrete block residence that has been converted to a very attractive commercial office administrative building with many private offices, large waiting - admin area, break room, restrooms, large class room or conference room. The 2nd...Offering is an Excellent Investment - Income property! 6.5% CAP Rate with a Great Tenant and long successful history at location. Site has 2 buildings on 6.78+/- Acres, completely fenced and gated, zoned B-5 & A-1, Marion County. The first bldg is a 1,904+/- SF former concrete block residence that has been converted to a very attractive commercial office administrative building with many private offices, large waiting - admin area, break room, restrooms, large class room or conference room. The 2nd bldg is a 12,000+/-SF Metal bldg with newer 2017 roof, 6 grade level overhead roll-up doors, large circular drive for easy access for semi-truck's with trailers, multiple private offices, restrooms, additional mezzanine storage and lighted signage. Property is on well and septic and immaculately maintained inside and out. Location is in the heart of Central Florida, an hour from Orlando and 30 minutes to Ocala or The Villages and minutes from I-75 Bellview Exit 341. Do not enter property without an appointment. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.
- Listed by Daniel Tatro • GRIZZARD COMMERCIAL REALESTATE
Property Details for 16340-16264 South Highway 475
Township
17S
WaterfrontNo
LISTING UPDATED: 12/02/2024 03:54 PM
Property Details for 16340-16264 South Highway 475
Status | Active |
---|---|
MLS # | G5067987 |
Days on Market | 578 |
Taxes | $9,829 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1990 |
Lot Size | 6.78 AC / 295,337 SF |
County | Marion County |
Building Information for 16340-16264 South Highway 475
Stories1Residences-Year Built1990Lot Size6.78 AC / 295,337 SF
Property Information for 16340-16264 South Highway 475
Property History for 16340-16264 South Highway 475
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 16340-16264 South Highway 475
This home is within Marion.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Marion Oaks Elementary School PublicPK to 5 | ||
Belleview Middle School Public6 to 8 | ||
Belleview High School Public9 to 12 | ||
Francis Marion Military Academy Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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