11 Preston CirCrawfordville, FL 32327

  • Banks
  • 3,166 SF
For Sale
$129,900 View listing

Property Details for 11 Preston Cir

Year built
2006
Construction
FRAME
Lot size
0.96 AC
Property size (Sq ft)
3,166 SF
Property type
Banks
APN
19-3S-01W-334-04524-A06
APU
193S01W33404524A06

Description

This exceptional 0.5-acre commercial lot presents a prime opportunity in the thriving Century Park Subdivision of Crawfordville, Florida. Strategically located just south of a Walmart Supercenter and within the same commercial park as established businesses including Zaxby's, Taco Bell, Verizon, T-Mobile, El Jaliscos Restaurant, Gulf Winds Credit Union, and O'Reilly Auto Parts, this lot enjoys unparalleled visibility and accessibility on busy Highway 319. The property benefits from existing infrastructure including sewer service with a lift station, readily available water and electricity connections, well-maintained sidewalks, and a designated area for marque signage. A holding pond is also in place. The Century Park Subdivision maintains architectural and landscaping guidelines to ensure a cohesive and attractive commercial environment. This location offers significant potential for a wide range of commercial ventures, capitalizing on the high traffic volume and proximity to major retailers and a dense residential population. The lot is ready for immediate development, providing a seamless transition from acquisition to operation. Don't miss this chance to secure a highly visible and well-situated commercial property in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $963,409
    6.5%
    $889,300
    7%
    $825,779
  • Comparable approach

    Method
    Valuation
    Relative Method
    $567,179
    Geo Method
    $567,179
  • Alternative Use

    Use
    Valuation
    Residential
    $750,158
    Hospitality
    $687,141
    Educational
    $571,693
    Medical
    $591,354
    Retail
    $889,300

Location Insight

City
Crawfordville
County
Wakulla
State
Florida
Latitude
30.2102
Longitude
-84.3657
CBSA code
45220
CBSA name
TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,902
$282,264
$461,055
$743,319
-
$282,264
$461,055
$743,319

FAQs

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