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Coldwell Banker 920 N Mills Ave 7,266 SF Office Building Arcadia, FL 34266 $1,814,556 CAD ($249.73 CAD/SF) 10.39% Cap Rate
INVESTMENT HIGHLIGHTS
- Direct access to Internet Fiber Point. Property has over 200mb upload speed. Best internet in the county.
EXECUTIVE SUMMARY
This property zoned RPB is in an incredible growth area. Located across from the Desoto Memorial Hospital, it is ideal for Medical, Profession, and Business offices. It is even zoned residential. The county's population is exploding. The demand for professional, and business space is at a premium, and quickly growing. Brand new metal roof, 4 Brand New A/C units. Ample parking for 20 cars.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$125,633
|
$17.29
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$125,633
|
$17.29
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $125,633 |
| Annual Per SF | $17.29 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $125,633 |
| Annual Per SF | $17.29 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
7,266 SF
Building Class
C
Year Built/Renovated
1993/2024
Price
$1,814,556 CAD
Price Per SF
$249.73 CAD
Cap Rate
10.39%
NOI
$188,449 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,266 SF
Building FAR
0.18
Lot Size
0.95 AC
Opportunity Zone
Yes
Zoning
RPB - Professional Building, Residential. Business.
Parking
15 Spaces (2.06 Spaces per 1,000 SF Leased)
AMENITIES
- Courtyard
- Day Care
- Signage
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Real Estate
- 1,500 SF
- $25.13 CAD
- Triple Net
- Dec 2026
- Inventions & Gadgets
- Services
- 3,000 SF
- $24.43 CAD
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Real Estate | 1,500 SF | $25.13 CAD | Triple Net | Dec 2026 | |
| Inventions & Gadgets | Services | 3,000 SF | $24.43 CAD | Triple Net | - |
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PROPERTY TAXES
| Parcel Number | 30-37-25-0168-00G0-0070 | Improvements Assessment | $304,429 CAD |
| Land Assessment | $116,333 CAD | Total Assessment | $420,763 CAD |
PROPERTY TAXES
Parcel Number
30-37-25-0168-00G0-0070
Land Assessment
$116,333 CAD
Improvements Assessment
$304,429 CAD
Total Assessment
$420,763 CAD
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Coldwell Banker | 920 N Mills Ave
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