988 White AveGraceville, FL 32440

Property Details for 988 White Ave

Year built

1978

Construction

STEEL FRAME

Lot size

1.21 AC

Property size (Sq ft)

4,600 SF

Property type

Retail properties

Property subtype

Retail space

APN

34-7N-13-0172-0000-0211

APU

347N13017200000211

Description

This exceptional commercial investment opportunity in Graceville, Florida, presents a versatile 4,600+ square foot metal building situated on a 1.21-acre lot. Currently configured as a florist shop and storage facility, the property offers endless possibilities for a variety of commercial uses. Its strategic location near Highway 77 provides convenient access to Interstate 10 and the nearby city of Dothan, enhancing its appeal to a wide range of businesses. The substantial square footage allows for ample space to accommodate diverse operational needs, while the expansive lot provides ample room for expansion or outdoor activities. The metal construction ensures durability and low maintenance, representing a sound investment for long-term growth. This property is ideally suited for entrepreneurs seeking a flexible space to establish or expand their operations, benefiting from its prime location and significant size. The existing infrastructure, including the florist shop and storage areas, offers a solid foundation for immediate occupancy or potential redevelopment. This is a rare opportunity to acquire a versatile commercial property in a growing area, offering significant potential for return on investment. Serious inquiries are encouraged to explore the possibilities this property presents.

• CAP approach

  CAP return

  Valuation

  6%

  $682,998

  6.5%

  $630,460

  7%

  $585,427

• Comparable approach

  Method

  Valuation

  Relative Method

  $824,075

  Geo Method

  $824,075

• Alternative Use

  Use

  Valuation

  Residential

  $531,817

  Hospitality

  $487,141

  Educational

  $405,296

  Medical

  $419,234

  Retail

  $630,460

Location Insight

City

Graceville

County

Jackson

State

Florida

Latitude

30.9626

Longitude

-85.5152

Property Tax & Assessments

FAQs

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