69 Macclenny AveMacclenny, FL 32063

Property Details for 69 Macclenny Ave

Year built

1942

Lot size

0.28 AC

Property size (Sq ft)

1,862 SF

Property type

Office buildings

APN

32-2S-22-0049-0027-0075

APU

322S22004900270075

Description

This exceptional commercial building, located at 69 Macclenny Avenue Unit 69 in Macclenny, Florida, presents a unique investment opportunity. Situated on a 0.31-acre lot at the busiest intersection in Baker County, this property boasts an estimated 18,000 vehicles passing daily, ensuring unparalleled visibility and accessibility. The completely renovated building features six separate offices and two bathrooms, offering ample space for various business needs. High-quality finishes include wood laminate flooring throughout, tongue and groove stained ceilings in the front office area, and spacious nine-foot ceilings. Two fireplaces, currently capped but adaptable for electric logs, add character. Modern amenities include HDMI ports at each desk station with connectivity to TVs, dual HVAC units for climate control, and a fully insulated attic for energy efficiency. A spacious conference room features vintage windows along an entire wall, providing natural light and a unique atmosphere. A break room with a food prep area, sink, and refrigerator caters to employee convenience. Additional space is available in a large storage/file room, which could easily be converted into an extra office. Nine parking spaces, including one handicapped-accessible space with a ramp, are provided. A large covered front porch overlooks the bustling intersection, offering a welcoming entrance. An electric marquis sign on the corner further enhances visibility for your business. The building is being sold as-is. The asking price is $895,000.

• CAP approach

  CAP return

  Valuation

  6%

  $402,099

  6.5%

  $371,168

  7%

  $344,656

• Comparable approach

  Method

  Valuation

  Relative Method

  $126,635

  Geo Method

  $126,635

• Alternative Use

  Use

  Valuation

  Residential

  $460,249

  Hospitality

  $421,585

  Educational

  $350,754

  Medical

  $362,817

  Retail

  $545,617

Location Insight

City

Macclenny

County

Baker

State

Florida

Latitude

30.2824

Longitude

-82.1235

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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