Commercial Neighborhood Arcadia, Fl

Retail-Commercial for Sale
Catylist Listing ID: 30263835
Property Subtypes: Car Wash, Day Care Facility, Mixed Use, Restaurant, Service Station/Gas Station, Vehicle Related, Other
Building Size (RSF): 9,544 SF
Gross Building Area: 12,975 SF
Sale Price: $299,000
Unit Price: $31.33 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 11,344 SF
Sale Terms: Cash to Seller
Cap Rate: 34266.0%
Last Updated: 7/24/2018

Overview / Comments

4 BUILDINGS AND 1 PAVILION. Mixed use and very versatile opportunity to have multiple tenants. Complex is approx 1 block off US 17S.

Additional Details

Nearest MSA: Arcadia
County: DeSoto
Tax ID/APN: 01-38-24-0000-0120-0000
Zoning: COMMERCIAL NEIGHBORHOOD~~CN
Retail Clientele: Business
Property Visibility: Good
Largest Nearby Street: Hwy 17
Feet of Frontage: 357
Highway Access: US highway 17 one block away.
Site Description: 1.18 acres, large spacious buildings with ample parking. Open pavilion in the middle of complex.
Area Description: This is located on the outskirts of a residential area.
Total Number of Buildings: 5
Number of Stories: 1
Year Built: 2010
Roof Type: Arched
Construction/Siding: Aluminum Siding
Exterior Description: All buildings are metal siding with the exception of one which is concrete block.
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central, Other
Air Conditioning: Package Unit
Zoning Description: Sec. 20-136. - Commercial Neighborhood District (CN). The intent of the Commercial Neighborhood District (CN) is to permit the lowest order of commercial goods and services which meet the daily needs of nearby residents. Commercial neighborhood uses will be limited to within 500 feet of the intersection of an arterial or a collector and another public roadway and be buffered from adjacent residential zoning districts. (1) Uses and structures. No building or structure, or part thereof, shall be erected, altered or used, or land used, in whole or in part, for other than the following: a. Permitted uses and structures (allowable without the need for any other use or structure). 1. Retail sale of agricultural supplies; lawn and garden supplies. 2. Automobile service stations; car washes. 3. Neighborhood oriented retail uses such as delicatessens, food stores, hardware stores, etc. 4. Restaurant, including drive-ins or drive through. 5. Repair shop: radio, TV, small appliance, shoes, tack shop or other repair shops that are similar in nature, size and intensity. 6. Medical and dental offices. 7. Financial institutions. 8. Professional offices. 9. Animal hospitals and veterinary clinics (no outdoor kennels). 10. Child care centers. b. Accessory uses and structures. 1. Accessory uses and structures customarily associated with the uses permitted in this district. 2. Tennis courts, parks and playgrounds. c. Special exception uses and structures. 1. Recreational facilities not accessory to principal uses; markina (does not have to be located within 500 feet of the intersection of an arterial or collector street and another roadway). 2. Private clubs; bar, cocktail lounge or other establishments which sell alcoholic beverages for consumption on the premises; sale of alcoholic beverages in conjunction with eating establishments. 3. Place of worship. 4. Libraries. 5. Museums. 6. Medical laboratories. 7. Any other professional or commercial use which is comparable in nature with the foregoing uses and which the Development Director determines to be compatible in the district. d. Prohibited uses and structures. Any use or structure not specifically or by reasonable implication allowed herein. (2) Development standards. a. Minimum lot area: 20,000 square feet. b. Minimum lot width: 100 feet. c. Minimum yard requirements: 1. Front yard: 40 feet. 2. Side yard: 15 feet. 3. Rear yard: 25 feet. 4. Any yard abutting a residentially or agricultural zoned parcel must be a minimum of 25 feet. d. Maximum zoned area: five acres. e. Minimum floor area of principal structure: 1,000 square feet per building on the ground floor. f. Maximum impervious lot coverage: 70 percent. g. Minimum off-street parking: See Section 20-536. h. Lighting is to be arranged so that no source of light reflects on or shines into any residentially zoned property. (3) Utility areas. Utility areas, including trash receptacles, shall be completely screened from the view of customers and adjacent property owners and shall be located in the rear yard of interior lots and in the side yard of corner or through lots. (LDR, § 2314; Ord. No. 2012-01, § 2314, 5-22-2012; Ord. No. 2014
Lot Frontage: 357
Lot Depth: 173
Water Service: Municipal
Easements: Electric Lines, Utilities
Land Ownership: Sole proprietor
Legal Description: BEG AT THE N1/4 COR OF SEC 1 TWNSHP 38 S RANGE 24 E TH S 89D55M22S E ALG N LI SEC 1232.06 FT TH S 00D55M22S E E 25 FT TO S R/W (MLK JR ST) TH S 89D55M22S E ALG S R/W OF MLK JR ST 252 FT FOR POB TH CONT SAME LI 345.93 FT ALG R/W TH S 21D08M38S W 171.48 FT TH N 89D55M22S W 291.63 FT TH N 02D42M03S E 160.17 FT TO POB OR 540/1851 INST:201414002771 CASE#13CA231 INST:201414002884 INST:201614005424

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,030 16,979 19,598
Median Age: 28.72 34.97 35.05
Households: 2,195 5,611 6,491
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