407-541-4425
5810-5840 SE Abshier Blvd, Belleview, FL for Sale
Storefront - FOR SALE
1/89
null | Request Cap Rate

5810-5840 SE Abshier Blvd
Belleview, FL 34420


HIGHLIGHTS

  • Value Add Opportunity
  • Recent Capital Improvements
  • Out Parcel Development Upside
  • Growth Corridor

OVERVIEW

- Value-Add Opportunity: 26% vacancy offers an estimated $103,000 increase in NOI, with a projected value uplift of approximately $1.4 million — ideal for investors targeting income and appreciation upside. - Strategic Growth Corridor with Excellent Accessibility: Located in Belleview, FL—between the high-growth markets of Ocala and The Villages—this property benefits from regional population and infrastructure expansion, including new medical developments, and features two convenient access points that ensure smooth traffic flow and customer ease. - Recent Capital Improvements: A new roof enhances long-term durability and reduces near-term capital expenditure for the next owner. - Complementary Daily-Needs Tenant Mix: Includes Domino’s Pizza, T-Mobile, a smoke shop, and a Hispanic grocery — creating a synergistic blend of service- and necessity oriented tenants that support recurring consumer visits - Outparcel Development Upside: Ownership is offering adjacent land parcels of 1.15 and 0.91 acres (not included in sale price) for future development or ground lease opportunities. Both outparcels valued at $800,0000

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shoppes of Belleview

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Hwys. 441 & 301 & 27 & State Rd. 48

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

B2

APN/PARCEL ID

38215-002-00

ASK ABOUT THIS PROPERTY

Chris SmithCushman & WakefieldMore Info
407-541-4425

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Chris SmithCushman & WakefieldMore Info
407-541-4425

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.