www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32449937
32449938

4597 Florida 70, Arcadia, FL 34266

JB
FL FL #BK3605614
Industrial Storage Brokers
PM
FL SL3622570, PA RS352725
Industrial Storage Brokers
Listed by Industrial Storage Brokers
$1,300,000
24 days on market
Updated 23 days ago

4597 NW HIGHWAY 70

Details
APN 28-37-24-0000-0185-0000
Property Type Industrial
Sub Type Warehouse, Flex
Square Footage 11,920
Units 12
Cap Rate 6.43%
NOI $83,562
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 9.47%
Pro-Forma NOI $123,085
Price per SqFt $109
Buildings 2
Acreage 3.500
Investment Type Value Add
Ground Lease No
Ceiling Height 20'

Industrial | 3.5 Acres | 11,920 SqFt

Marketing description

4597 NW Highway 70, Arcadia, FL 34266 is a ±3.5 acre corner lot industrial property offering a rare combination of in place income, significant value add upside, and irreplaceable highway frontage in DeSoto County's growing industrial corridor. The site features two free standing buildings totaling ±11,920 SF. Building 1 is a ±8,640 SF concrete block warehouse with a metal roof, configured as a 12 unit multi tenant flex strip with ten 10' overhead doors; the building is currently leased to eight tenants, with a single tenant occupying Units 7 through 11. Building 2 is a ±3,280 SF stand alone shop measuring 80' × 36' with three overhead doors and 20' ceiling heights, fully leased to one tenant at $2,600 per month. Income is further supplemented by a long standing billboard easement that generates $3,600 per year, with 15 years remaining on the lease term.

With the exception of the billboard, Building 2, and Unit 4 in Building 1, all tenants currently operate on month to month agreements with rents materially below market, providing an incoming investor with the ability to mark rents to market on a rolling basis without the burden of long term holdover leases. Combined with ±50% of the site remaining as unimproved land available for expansion, additional outdoor storage, or new building pads, 4597 NW Highway 70 represents a stabilized cash flowing asset with a clear near term path to NOI growth and long term development optionality on one of South Florida's primary east west commercial arteries.

Investment highlights

  • ±3.5 acre corner lot with ±551 LF of frontage on State Road 70, the primary east west corridor connecting Florida's Gulf and Atlantic coasts
  • ±11,920 SF across two free standing buildings: 8,640 SF 12 unit multi tenant flex (Building 1) plus 3,280 SF stand alone shop with 20' clear heights (Building 2)
  • Approximately 50% of site is unimproved, offering a clear path to expansion, outdoor storage, or new building pads
  • 6.34% in place cap rate providing day one market yield with no rent push required
  • Strong stabilized upside: 8.25% conservative or 10.16% true NNN once rents are marked to market
  • 9 of 11 income streams are month to month at materially below market rents, enabling rolling mark to market without long term holdover risk. Market demands $12-15/sqft
  • In place billboard lease (15 yrs remaining at $3,600/yr passive income)
  • Sarasota Transmission has operated on site for 35+ years and currently occupies 5 of 12 units in Building 1
  • Below market rent assumption: underwriting uses $13/SF on Building 1 and $10/SF on Building 2 versus direct flex comps in Port Charlotte at $15/SF and small bay at $16 to $19/SF
  • Strategic regional access: SR 70 connects directly to I 75 with ~45 miles to Sarasota / Gulf Coast and ~90 miles to West Palm / Atlantic Coast, positioning the asset as Southwest Florida industrial demand pushes inland

Listing Contacts

JB
FL FL #BK3605614
Industrial Storage Brokers
PM
FL SL3622570, PA RS352725
Industrial Storage Brokers
Listed by Industrial Storage Brokers

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$83,562.00
$6,963.50/mo

Valuation Metrics

0
DSCR
6.43%
Cap Rate
6.43%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
James Blanda
License
FL #BK3605614
Brokerage
Industrial Storage Brokers
Title
Managing Partner/Broker
Brokerage Address
6700 North Andrews Avenue
Name
Phillip Maisano
License
SL3622570
Brokerage
Industrial Storage Brokers
Title
Investment Advisor
Brokerage Address
6700 North Andrews Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591