951 Prim AveGraceville, FL 32440

Property Details for 951 Prim Ave

Year built

2007

Construction

STEEL FRAME

Lot size

1.27 AC

Property size (Sq ft)

9,170 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

10-6N-13-0000-0030-0000

APU

106N13000000300000

Description

This exceptional 9,850-square-foot retail space, located at 951 Prim Avenue, presents a unique investment opportunity. Previously occupied by the Graceville outlet Mall, this single-tenant property offers immense flexibility. Its adaptable design allows for a variety of uses, including retail, medical facilities, beauty salons, or professional offices. The expansive square footage provides ample room for creative business development. The property's location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence. The property is offered at a competitive rate, making it an attractive proposition for discerning investors. The lot size is not specified. The property's APN is 10-6N-13-0000-0030-0010. This is a single-suite building, perfect for a business seeking a standalone location. The property type is retail, and the tenancy is single. This is an exceptional opportunity to secure a prime retail location with significant potential for growth and profitability. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,361,542

  6.5%

  $1,256,808

  7%

  $1,167,036

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,642,776

  Geo Method

  $1,642,776

• Alternative Use

  Use

  Valuation

  Residential

  $1,060,165

  Hospitality

  $971,105

  Educational

  $807,948

  Medical

  $835,735

  Retail

  $1,256,808

Location Insight

City

Graceville

County

Jackson

State

Florida

Latitude

30.9459

Longitude

-85.516

Property Tax & Assessments

FAQs

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