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16998 NE State Road 65 2,844 SF 100% Leased Retail Building Hosford, FL 32334 $465,000 ($163.50/SF)
Investment Highlights
- 2,844-square-foot retail building on a 0.34-acre parcel with SR 65 frontage.
- Positioned for 1031 Exchange, offering advantageous acquisition.
- Located in a highly drivable area with easy customer access.
Executive Summary
This property presents an opportunity to acquire a fully leased retail building in Hosford, Florida. Situated on State Road 65 with 242 feet of frontage, the asset spans approximately 2,844 square feet on a 0.34-acre lot. The structure is a single-story building with a Class C designation and is currently generating stable rental income with 100% occupancy.
The property offers visibility along a key regional thoroughfare, providing convenient access for local residents and travelers alike. Its zoning and layout allow for continued use as a retail destination, and the building’s condition aligns with long-term owner-user or investment potential. The traffic and drivability scores reflect ease of vehicular access, making it appealing for retail operations. Notably, this property qualifies for 1031 Exchange conditions, benefiting investors seeking tax-deferment strategies.
The property offers visibility along a key regional thoroughfare, providing convenient access for local residents and travelers alike. Its zoning and layout allow for continued use as a retail destination, and the building’s condition aligns with long-term owner-user or investment potential. The traffic and drivability scores reflect ease of vehicular access, making it appealing for retail operations. Notably, this property qualifies for 1031 Exchange conditions, benefiting investors seeking tax-deferment strategies.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
2,844 SF
Building Class
C
Year Built
1985
Price
$465,000
Price Per SF
$163.50
Percent Leased
100%
Building Height
1 Story
Building FAR
0.19
Lot Size
0.34 AC
Zoning
RV
Frontage
About 16998 NE STATE ROAD 65 , HOSFORD, FL 32334
The property comprises a single-story retail building with 2,844 square feet of gross area on a parcel measuring approximately 0.34 acres. It has frontage along State Road 65 and an assessed value totaling $118,561. Constructed in 1985, the building is classified as Class C retail and is recorded as fully leased at the time of listing. The site includes vehicular access and falls under zoning classification RV.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 023-1S-6W-00501-000 | Improvements Assessment | $104,261 |
| Land Assessment | $14,300 | Total Assessment | $118,561 |
Property Taxes
Parcel Number
023-1S-6W-00501-000
Land Assessment
$14,300
Improvements Assessment
$104,261
Total Assessment
$118,561
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16998 NE State Road 65
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