15058 BALM ROAD
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2026 | Listed by CB ISAAC REALTY | $925,000 | |
| Listed by CB ISAAC REALTY | |||
| Jan 3, 2025 | Listed | $925,000 | |
| Listed | |||
| | |||
|
Discover an exceptional opportunity in the rapidly growing area of Wimauma, Florida, with this 2.28-Acre commercial property that offers unlimited potential. Surrounded by the steady rise of new subdivisions, grocery stores, and gas stations, this property is perfectly situated to capitalize on the area's ongoing development and expanding demand. The property features a sprawling 10,000+ square foot pole barn, complete with ample storage space and a car lift, making it ideal for a variety of commercial or industrial uses. Two 3-phase electric systems are in place, providing the infrastructure needed to support heavy-duty operations and ensure reliability for any endeavor. A 360-Square-Foot office space is also included, offering a practical and convenient setup for administrative tasks or client-facing needs. Adding to its versatility, the property includes a 2-bedroom, 1-bathroom mobile home that, while in need of some TLC, presents an opportunity for on-site living, rental income, or even additional office space with a bit of renovation. The Commercial General zoning allows for a wide range of business ventures, giving you the freedom to bring virtually any vision to life. With its prime location in a flourishing area and a layout designed for adaptability, this property is an incredible investment for entrepreneurs and businesses ready to grow alongside Wimauma's booming development. Contact us today to explore all the possibilities this property has to offer.
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| Dec 20, 2024 | Listed | $925,000 | |
| Listed | |||
| | |||
|
Discover an exceptional opportunity in the rapidly growing area of Wimauma, Florida, with this 2.28-acre commercial property that offers unlimited potential. Surrounded by the steady rise of new subdivisions, grocery stores, and gas stations, this property is perfectly situated to capitalize on the area’s ongoing development and expanding demand. The property features a sprawling 10,000+ square foot pole barn, complete with ample storage space and a car lift, making it ideal for a variety of commercial or industrial uses. Two 3-phase electric systems are in place, providing the infrastructure needed to support heavy-duty operations and ensure reliability for any endeavor. A 360-square-foot office space is also included, offering a practical and convenient setup for administrative tasks or client-facing needs. Adding to its versatility, the property includes a 2-bedroom, 1-bathroom mobile home that, while in need of some TLC, presents an opportunity for on-site living, rental income, or even additional office space with a bit of renovation. The Commercial General zoning allows for a wide range of business ventures, giving you the freedom to bring virtually any vision to life. With its prime location in a flourishing area and a layout designed for adaptability, this property is an incredible investment for entrepreneurs and businesses ready to grow alongside Wimauma's booming development. Contact us today to explore all the possibilities this property has to offer.
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| Jun 2, 2024 | No longer available | - | |
| No longer available | |||
| Sep 17, 2023 | Price Decreased |
$925,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017