3525 Russell RdMarianna, FL 32446

  • Land
  • 6,191 SF
For Sale
$1,200,000 View listing

Property Details for 3525 Russell Rd

Year built
1990
Construction
WOOD FRAME
Lot size
1.20 AC
Property size (Sq ft)
6,191 SF
Property type
Land
Property subtype
Commercial land
APN
19-5N-09-0000-0050-0031
APU
195N09000000500031

Description

This 7,291 square foot vacant early education center, built in 1990, is situated on a 1.21-acre lot at 3525 Russell Road in Marianna, Florida, and is offered for sale at $1,200,000 ($164.59/SF). Previously operating as a daycare, this property presents a unique investment opportunity in a growing market. Its convenient location along I-10 and Highway 71 provides easy access for serving the Florida Panhandle, South Alabama, and Georgia. The area boasts a strong economy driven by tourism, outdoor recreation, military/defense, healthcare, and agriculture. The property benefits from its proximity to Endeavor Park, a new 1,200-acre mixed-use development, and the city of Marianna offers various business incentives, including tax breaks and grants. Furthermore, the property is only a 3-minute drive from the Marianna Municipal Airport (KMAI) and 1.5 hours from Northwest Florida Beaches International Airport (ECP). The property is located approximately one hour west of Tallahassee, Florida's capital, in a state with no income tax. This single-tenant, vacant building offers significant potential for investors seeking to capitalize on the demand for early childhood education services in this strategic location. A lease rate of $8,000 per month is also available.

3525 Russell Rd, Marianna, Florida

Location Insight

City
Marianna
County
Jackson
State
Florida
Latitude
30.8209
Longitude
-85.1754

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$116
$7,200
-
$7,200
-
$7,200
-
$7,200

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