35 Jefferson StChattahoochee, FL 32324

Property Details for 35 Jefferson St

Year built

1979

Construction

STEEL FRAME

Lot size

1.38 AC

Property size (Sq ft)

3,775 SF

Property type

Retail space

APN

1-33-4N-6W-0050-00000-0110

APU

1334N6W0050000000110

Description

This versatile commercial property, located at 35 Jefferson Street in the heart of downtown Chattahoochee, Florida, offers a unique investment opportunity. Built in 1979, the 5,796 square foot building sits on a spacious 1.38-acre lot (60,112.8 sq ft), providing ample space for a variety of uses. Previously utilized as a bank, pharmacy, and most recently a grocery store, the property comes fully equipped with freezers, coolers, product displays, cash registers, and security cameras. Its prime downtown location ensures high visibility and foot traffic, particularly during the popular "Final Fridays" events. The expansive lot includes dedicated parking and large side lots ideal for deliveries and additional storage. This property presents an exceptional chance to establish a new business or expand an existing one, taking advantage of the significant space and existing equipment. The asking price is $250,000. This is a rare opportunity in a vibrant downtown setting.

• CAP approach

  CAP return

  Valuation

  6%

  $494,055

  6.5%

  $456,051

  7%

  $423,476

• Comparable approach

  Method

  Valuation

  Relative Method

  $279,099

  Geo Method

  $279,099

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $953,570

  Mixed-Use / Specialty

  $428,471

  Hospitality / Lodging

  $280,565

  Office

  $398,894

  Institutional / Educational

  $436,162

  Residential Income

  $510,309

  Multifamily

  $755,919

  Automotive / Energy

  $373,853

  Parking / Income-Based Land

  $154,654

  Restaurant / Food Service

  $167,461

  Healthcare / Senior Housing

  $466,004

Location Insight

City

Chattahoochee

County

Gadsden

State

Florida

Latitude

30.7039

Longitude

-84.846

CBSA code

45220

CBSA name

TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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