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3470 US Highway 17 N 2,886 SF 50% Leased Retail Building Bartow, FL 33830 $765,000 ($265.07/SF) 9% Cap Rate
Investment Highlights
- Multi-Tenant Investment Property with Two Lots
- Restaurant $950.00 a month
- Adjacent land lease in place generating $850/month in gross revenue.
- Store $2,500 a month
Executive Summary
Two Lots for sale 3468-3470. Investors don't miss this amazing opportunity to purchase a business with lots of potential, located in Polk county on US Hwy 17. There is one building that can be used as a convenience store on one side and a restaurant on the other side. A third business is a car lot with a small office space that is currently rented for $850 a month is the lot next door. There is potential for a total of 3 businesses on this commercial property. A separate smaller building is currently used as storage/shed. This is a great opportunity whether you are looking to expand your portfolio or start a new venture, this property is a fantastic investment. Contact us today for more details!
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,886 SF
Building Class
C
Year Built/Renovated
1979/2025
Price
$765,000
Price Per SF
$265.07
Cap Rate
9%
NOI
$68,850
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.49 AC
Zoning
Commercial - COMMERCIAL/INDUSTRIAL
Parking
15 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
287’ on U.S. 17
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Red Holdings, LLC
- Services
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Red Holdings, LLC | Services | 99,999 SF | - | Jan 0000 |
Property Taxes
| Parcel Numbers | Total Assessment | $208,267 (2025) | |
| Land Assessment | $35,725 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $4,926 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Numbers
Land Assessment
$35,725 (2025)
Improvements Assessment
$4,926 (2025)
Total Assessment
$208,267 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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3470 US Highway 17 N
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