4951 Malloy PlzMarianna, FL 32448

Property Details for 4951 Malloy Plz

Year built

2021

Construction

FRAME

Lot size

7.90 AC

Property size (Sq ft)

640 SF

Property type

Office properties

Property subtype

Office buildings

APN

24-4N-10-0000-0110-0070

APU

244N10000001100070

Description

This exceptional investment opportunity presents a fully managed, 51-site RV park ideally situated in Marianna, Florida. Located less than half a mile from Interstate 10, this property offers unparalleled convenience for travelers traversing the East-West corridor between Tallahassee and Pensacola. The 7.9-acre park boasts 18 concrete RV pads, with all sites equipped with power, water, and sewer hookups. Amenities include modern bathroom facilities, a laundry room complete with air-conditioned seating and cable television, ensuring a comfortable experience for guests. Recent upgrades significantly enhance the park's appeal, including newly paved roads, upgraded concrete pads, a completely renovated laundry facility, updated hookups, and fresh landscaping. Built in 2018, this well-maintained park sits on a substantial 344,124 square foot lot, providing ample space for current operations and potential future expansion. The asking price for this turnkey operation is $2,499,000, representing a strong return on investment in a thriving market. The park's strategic location and comprehensive amenities make it an attractive destination for RVers, promising consistent occupancy and strong revenue generation. This is a rare chance to acquire a profitable and well-established business in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $76,282

  6.5%

  $70,414

  7%

  $65,384

• Comparable approach

  Method

  Valuation

  Relative Method

  $45,498

  Geo Method

  $45,498

• Alternative Use

  Use

  Valuation

  Residential

  $87,313

  Hospitality

  $79,978

  Educational

  $66,541

  Medical

  $68,829

  Retail

  $103,508

Location Insight

City

Marianna

County

Jackson

State

Florida

Latitude

30.7281

Longitude

-85.1829

Property Tax & Assessments

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