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16340 & 16264 S HIGHWAY 475 HIGHWAY

Commercial Recently Sold
$1,618,000

BTC: 25.28125000

ETH: 926.68957617

Sold on: 2025-02-20
601 days
0 room(s)
1,967 sqft

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
6 to 12 Spaces / Common
Year Built:
1990
Lot:
6.78 Acres
Heating:
Central
Price/sqft:
$864
Cooling:
A/C - Office Only / Central Air
HOA:
No Data

Highlights

Annual tax
$9,828
2022
All facts and features
  • Heating

    • Central

    Cooling

    • A/C - Office Only

    • Central Air

  • Parking

    • 6 to 12 Spaces

    • Common

    Lot

    • Lot: 6.78 Acres

    Other Property Information

    • Parcel Number: 4481200000

    • Zoning: B5 & A1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Utility

    • BB/HS Internet Capable

    • Electricity Available

    • Phone Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $9,829

  • Source details

    • MLS ID: G5067987

    Other facts

    • Construction Materials: Concrete / Metal Frame / Metal Siding

    • Foundation Details: Slab

    • Lot Features: Oversized Lot / Retention Areas

    • Living Area: 1967

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: GRIZZARD COMMERCIAL REALESTATE