4189 Lafayette StMarianna, FL 32446

Property Details for 4189 Lafayette St

Year built

1965

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.68 AC

Property size (Sq ft)

4,504 SF

Property type

Retail properties

Property subtype

Retail space

APN

04-4N-10-0292-0000-0020

APU

044N10029200000020

Description

This exceptional 0.6-acre commercial lot, located at 4189 Lafayette Street in Marianna, Florida, presents a unique opportunity for new development. Boasting a substantial 4,504 square feet of space, this vacant corner lot is situated on busy Highway 90, a major thoroughfare with an impressive average daily traffic count of 17,000 vehicles. The previous structure has been removed, leaving a clean slate for a new building tailored to your specific business needs. The lot is predominantly paved, simplifying site preparation and construction. Its strategic location offers excellent visibility and accessibility, placing your business in close proximity to a thriving commercial area. Nearby establishments include successful fast-food restaurants and car dealerships, indicating a strong and established customer base. This property's high traffic count, convenient location, and readily available space make it an ideal investment for a variety of commercial ventures. The asking price is $199,900. Don't miss this chance to secure a prime location in a growing market. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $789,082

  6.5%

  $728,383

  7%

  $676,356

• Comparable approach

  Method

  Valuation

  Relative Method

  $806,877

  Geo Method

  $806,877

• Alternative Use

  Use

  Valuation

  Residential

  $614,418

  Hospitality

  $562,804

  Educational

  $468,246

  Medical

  $484,350

  Retail

  $728,383

Location Insight

City

Marianna

County

Jackson

State

Florida

Latitude

30.7818

Longitude

-85.2469

Property Tax & Assessments

FAQs

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