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OFFERING MEMORANDUM
9946 US HWY 441Belleview, FL 34420
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RE/MAX PREMIER REALTY
Developable Land
6-Unit Motel
9946 US Hwy 441Belleview, FL 34420
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EXCLUSIVELY
LISTED
RE/MAX PREMIER REALTY
Larry QuartararoInvestment Advisor
RE/MAX Premier – CRE Division
Tel: 352.454.7141
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PROPERTY
OVERVIEWRE/MAX PREMIER REALTY
9946 US Hwy 441Belleview, FL 34420
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INVESTMENT DESCRIPTION INVESTMENT HIGHLIGHTS
OFFERING SUMMARY
RE/MAX Premier Realty – CRE Division is pleased to exclusively offer the opportunity to acquire 564 frontage
of US HWY 441. This property is located on the main artery between Ocala and The Villages.
LOCATION, LOCATION, LOCATION. This unique opportunity is available for investors to take advantage of
prime real estate property as Ocala continues to grow with the upcoming grand opening of the World Equestrian
Center in January 2020. Currently the property boosts a 6-unit motel with leasable business office space.
Additionally, included with the property is an income-generating billboard.
This property has a traffic count of over 31,500 vehicles daily.
Belleview is situated between the Ocala MSA growing daily and the increase of the new housing within The
Villages. Belleview’s population is estimated to grow significantly over the next several years. Now is the prime
time to invest in property on US Hwy 441.
Listing Price $789,999
Square Feet: 2,920
Acreage: 3.2 MOL
Zoning: Commercial
B2 / B4
Number of Units: 6
• US HWY 441 Frontage: 564
• Centrally Located Between Ocala
MSA and The Villages
• Population of over 51,000 within a 5-
mile radius
• 20,000 households within a 5-mile
radius
• Traffic count of 31,500 and growing
RE/MAX PREMIER REALTY
*Source: CoStar, 2018, Sumter County Counts, LandVision
9946 US Hwy 441Belleview, FL 34420
5RE/MAX PREMIER REALTY
9946 US Hwy 441Belleview, FL 34420
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9946 US Hwy 441Belleview, FL 34420
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COMPETITIVE
SURVEYRE/MAX PREMIER REALTY
9946 US Hwy 441Belleview, FL 34420
8RE/MAX PREMIER REALTY
LOCATION 5461 E Silver Springs
Silver Springs, FL
SALE PRICE $920,000
SALE DATE April 2018
SQ. FT. 17,094sq. ft
UNITS 8
YEAR BUILT 1950
TYPE 2-Star
TRAFFIC 21,000
9946 US Hwy 441Belleview, FL 34420
9945 US Hwy 441
Price: $789,999
Sq. Ft.: 2,920
Units: 6
Zone: B2 / B4
Traffic: 31,500
Sun Plaza Motel
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PROPERTY
DEMOGRAPHICSRE/MAX PREMIER REALTY
9945 US Hwy 441Belleview, FL 34420
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POPULATION
2000 Census 2010 Census 2018 Estimate 2023 Projected
4.4
4.2
4.0
3.8
3.6
3.4
3.2
3.0
Thousands
Population 1 Mile 3 Miles 5 Miles
2018 Total Population: 4,037 16,868 51,560
2023 Population: 4,276 17,814 54,618
Pop Growth 2018 – 2023: 5.92% 5.61% 5.93%
Average Age: 42.10 40.50 42.00
Households 1 Mile 3 Miles 5 Miles
2018 Total Households: 1,693 6,618 20,073
HH Growth 2018 - 2023: 5.55% 5.23% 5.46%
Median Household Inc: $36,809 $43,176 $41,608
Avg. Household Size: 2.40 2.50 2.60
2018 Avg. HH Vehicles: 1.00 2.00 2.00
Housing 1 Mile 3 Miles 5 Miles
Median Home Value: $139,952 $129,982 $128,795
Median Year Built: 1986 1987 1989
RE/MAX PREMIER REALTY
*Source: CoStar, 2018, Sumter County Counts, LandVision
9946 US Hwy 441Belleview, FL 34420
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ANNUAL CONSUMER SPENDING
2018
RE/MAX PREMIER REALTY
*Source: CoStar, 2018, Sumter County Counts, LandVision
1 Miles 3 Miles 5 Miles 1 Mile 3 Miles 5 Miles
Total Consumer
Spending
$35,531 $146,709 $440,159 $41,182 $169,411 $509,009
Entertainment,
Hobbies, Pets
$3,022 $12,183 $36,352 $3,283 $13,162 $39,345
Food and Alcohol $10,091 $40,873 $122,611 $11,649 $46,981 $141,210
Household $5,020 $20,267 $62,710 $12,638 $157,896 $296,944
Transportation /
Maintenance
$9,940 $129,012 $266,779 $5,537 $22,241 $68,873
Healthcare $2,369 $9,373 $29,030 $2,745 $10,870 $33,702
Education / Daycare $1,835 $7,537 $22,172 $2,160 $2,160 $8.806
Apparel $2,158 $8,831 $26,398 $2,423 $9,860 $29,594
2023
9946 US Hwy 441Belleview, FL 34420
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TRAFFIC
Collection Street Cross Street Cross Street | Dist/Dir Volume Count Year Dist. From Subject Type
US Hwy 301 100 Place 0.38N 31,500 2017 0.35 MPSI
RE/MAX PREMIER REALTY
*Source: CoStar, 2018, Sumter County Counts, LandVision
9946 US Hwy 441Belleview, FL 34420
13RE/MAX PREMIER REALTY
EXCLUSIVELY
LISTED
Larry QuartararoInvestment Advisor
RE/MAX Premier – CRE Division
Tel: 352.454.7141
9946 US Hwy 441Belleview, FL 34420
