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Executive Summary
An exceptional opportunity awaits with this commercial outparcel prominently positioned at the highly visible signalized intersection of Hwy 27/441 and Hwy 301 in Belleview — one of the most desirable commercial corners in the market. Offered for sale at $1,800,000, this premier site at 1.17 acres includes a Class A ±1,958 SF insurance office and offers outstanding visibility, access, and frontage along two major highways with strong daily traffic counts and established surrounding commercial activity.
The proposed parcel configuration was intentionally designed to maximize highway frontage while increasing the amount of impervious area exempt from drainage requirements under City ordinance, creating additional development flexibility for a future owner-user, investor, or redevelopment opportunity. The layout also allows for the relocation of the existing ice house to the rear of the neighboring Ellianos parcel. In addition, valuable impact fee credits for water, sewer, and transportation are expected to transfer from the site’s previous Waffle House use, potentially reducing future development costs.
Surrounded by national retailers, restaurants, medical users, and growing residential development, this property is ideally suited for QSR, retail, medical, professional office, financial services, or mixed commercial uses. While the owner’s preference is to sell the property, a ground lease opportunity may also be considered for qualified users.
The proposed parcel configuration was intentionally designed to maximize highway frontage while increasing the amount of impervious area exempt from drainage requirements under City ordinance, creating additional development flexibility for a future owner-user, investor, or redevelopment opportunity. The layout also allows for the relocation of the existing ice house to the rear of the neighboring Ellianos parcel. In addition, valuable impact fee credits for water, sewer, and transportation are expected to transfer from the site’s previous Waffle House use, potentially reducing future development costs.
Surrounded by national retailers, restaurants, medical users, and growing residential development, this property is ideally suited for QSR, retail, medical, professional office, financial services, or mixed commercial uses. While the owner’s preference is to sell the property, a ground lease opportunity may also be considered for qualified users.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,958 SF
Building Class
A
Year Built
1977
Price
$1,800,000
Price Per SF
$919.31
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,958 SF
Building FAR
0.04
Lot Size
1.19 AC
Zoning
B4 - Commercial
Parking
30 Spaces (15.32 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Finance and Insurance
- -
- -
- -
Allstate began in 1931 as an insurance business launched by Sears, Roebuck and Co., and its early operations relied on mail-order auto coverage. Over time, the company expanded beyond auto insurance into home, renters, condo, motorcycle, boat, RV, life, business, identity protection, phone protection, retirement, and investment planning. Today, Allstate serves customers through digital self-service tools, local agents, and a broad set of protection products for vehicles, homes, families, and small businesses.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Finance and Insurance | - | - | - |
1 1
Fairly walkable
40/100
Moderately drivable
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $248,595 | |
| Land Assessment | $243,936 | Total Assessment | $520,495 |
Property Taxes
Parcel Numbers
Land Assessment
$243,936
Improvements Assessment
$248,595
Total Assessment
$520,495
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