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3517 US Highway 17 92 N 4,680 SF Industrial Building Davenport, FL 33837 $2,500,000 ($534.19/SF) 12.01% Cap Rate



Investment Highlights
- Income-Producing Commercial Property with Existing Tenant
- $300,300 in Annual Rental Income
- Immediate Cash Flow Opportunity from Day One
- Approximately 4,680SF Commercial Building on Valuable Land Parcel
- Attractive 12% Return Based on Current Asking price
- Appraised at $2,880,000
Executive Summary
Investment Opportunity – Income-Producing Commercial Property
Rare opportunity to acquire an income-producing commercial property featuring approximately 4,000 square feet of improved building space situated on a valuable parcel with future upside potential. The property is currently occupied by an established tenant generating approximately $300,300 in annual rental income.
The existing tenancy provides immediate cash flow while offering flexibility for a future owner. Because the tenant is currently on a month-to-month lease, an investor can continue collecting rental income, negotiate a long-term lease, or eventually reposition the property for owner occupancy or redevelopment, subject to zoning and local regulations.
Property Highlights:
Approximately 4,680 SF commercial building
Income-producing investment
Annual rental income: approximately $300,300
Asking Price: $2,500,000
Month-to-month tenant provides flexibility
Potential owner-user opportunity
Excellent option for investors seeking current income with future upside
Suitable for investment, redevelopment, or long-term hold
Existing improvements reduce carrying costs while preserving future development potential
Strong visibility and accessibility (customize if applicable)
Convenient access to major highways, commercial corridors, and surrounding businesses (if applicable)
Financial information available upon request.
Buyer to verify all measurements, zoning, permitted uses, lease information, and development potential.
Rare opportunity to acquire an income-producing commercial property featuring approximately 4,000 square feet of improved building space situated on a valuable parcel with future upside potential. The property is currently occupied by an established tenant generating approximately $300,300 in annual rental income.
The existing tenancy provides immediate cash flow while offering flexibility for a future owner. Because the tenant is currently on a month-to-month lease, an investor can continue collecting rental income, negotiate a long-term lease, or eventually reposition the property for owner occupancy or redevelopment, subject to zoning and local regulations.
Property Highlights:
Approximately 4,680 SF commercial building
Income-producing investment
Annual rental income: approximately $300,300
Asking Price: $2,500,000
Month-to-month tenant provides flexibility
Potential owner-user opportunity
Excellent option for investors seeking current income with future upside
Suitable for investment, redevelopment, or long-term hold
Existing improvements reduce carrying costs while preserving future development potential
Strong visibility and accessibility (customize if applicable)
Convenient access to major highways, commercial corridors, and surrounding businesses (if applicable)
Financial information available upon request.
Buyer to verify all measurements, zoning, permitted uses, lease information, and development potential.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$15,000
|
$3.21
|
| Other Income |
$10,025
|
$2.14
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$25,025
|
$5.35
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $15,000 |
| Annual Per SF | $3.21 |
| Other Income | |
|---|---|
| Annual | $10,025 |
| Annual Per SF | $2.14 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $25,025 |
| Annual Per SF | $5.35 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,500,000 | Building Class | C |
| Price Per SF | $534.19 | Lot Size | 10.08 AC |
| Sale Type | Investment | Rentable Building Area | 4,680 SF |
| Cap Rate | 12.01% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2016 |
| Property Subtype | Truck Terminal | Tenancy | Single |
| Zoning | Commercial/Industrial - CI | ||
| Price | $2,500,000 |
| Price Per SF | $534.19 |
| Sale Type | Investment |
| Cap Rate | 12.01% |
| Property Type | Industrial |
| Property Subtype | Truck Terminal |
| Building Class | C |
| Lot Size | 10.08 AC |
| Rentable Building Area | 4,680 SF |
| No. Stories | 1 |
| Year Built | 2016 |
| Tenancy | Single |
| Zoning | Commercial/Industrial - CI |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 27-26-13-704000-000480 | Improvements Assessment | $119,916 |
| Land Assessment | $399,896 | Total Assessment | $519,812 |
Property Taxes
Parcel Number
27-26-13-704000-000480
Land Assessment
$399,896
Improvements Assessment
$119,916
Total Assessment
$519,812
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3517 US Highway 17 92 N
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