928 White AveGraceville, FL 32440

Property Details for 928 White Ave

Year built

1958

Construction

STEEL FRAME

Lot size

0.88 AC

Property size (Sq ft)

4,464 SF

Property type

Warehouses

APN

34-7N-13-0000-0430-0030

APU

347N13000004300030

Description

This exceptional commercial property, located at 928 White Avenue in Graceville, Florida, presents a unique investment opportunity. Situated on a 1.06-acre lot in the heart of Graceville, directly on Highway 2, this property boasts high visibility and accessibility for businesses. The site encompasses nearly a full city block, providing access from four paved roads. The property includes three substantial buildings: a nearly 4,000 square foot concrete storefront building with approximately 110 feet of highway frontage, a metal warehouse exceeding 4,000 square feet, and a 1,700 square foot garage. The total building square footage is 11,128 square feet. The versatile storefront building's open floor plan lends itself to a variety of uses, including a dance studio, fitness center, martial arts facility, or training center. Its previous uses include a feed store (over 30 years) and a thrift shop. The property's zoning allows for commercial use. The expansive lot includes two parcels (the second being parcel # 34-7N-13-0103-00A0-0030), offering ample space for expansion or additional development. This property is priced at $99,900 and is being offered for cash purchase only. With its prime location, substantial building space, and flexible zoning, this property offers significant potential for a savvy investor or entrepreneur.

• CAP approach

  CAP return

  Valuation

  6%

  $1,221,580

  6.5%

  $1,127,610

  7%

  $1,047,070

• Comparable approach

  Method

  Valuation

  Relative Method

  $507,753

  Geo Method

  $507,753

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $539,288

  Mixed-Use / Specialty

  $506,674

  Hospitality / Lodging

  $331,773

  Office

  $471,698

  Institutional / Educational

  $515,768

  Residential Income

  $603,449

  Multifamily

  $893,887

  Automotive / Energy

  $442,087

  Parking / Income-Based Land

  $182,881

  Restaurant / Food Service

  $198,026

  Healthcare / Senior Housing

  $551,058

Location Insight

City

Graceville

County

Jackson

State

Florida

Latitude

30.9642

Longitude

-85.5199

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].