3296 Main StVernon, FL 32462
- Retail properties
- 6,720 SF
Property Details for 3296 Main St
- Year built
- 2003
- Lot size
- 1.03 AC
- Property size (Sq ft)
- 6,720 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 42020046
- APU
- 42020046
Description
This exceptional 8,600 square foot retail property, situated on 1.03 acres at 3296 Main Street in Vernon, Florida, presents a remarkable investment opportunity. Previously occupied by a Dollar General store, this high-traffic, high-visibility location boasts ample space suitable for a wide range of businesses. The expansive square footage allows for flexibility, potentially accommodating multiple tenants through division. Its prime Main Street location ensures excellent accessibility and visibility, making it ideal for retail, restaurants, beauty salons, barber shops, or similar ventures. The property's prominent position guarantees significant exposure to a substantial customer base. The seller is open to considering lease-purchase options with a significant down payment, offering a flexible acquisition strategy for qualified buyers. This is a rare chance to secure a well-established commercial space in a thriving area with exceptional potential for growth and profitability. The property's size and location make it an attractive prospect for entrepreneurs and investors alike. Don't miss this opportunity to own a piece of Vernon's bustling commercial landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,374,119
- 6.5%
- $1,268,417
- 7%
- $1,177,816
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,203,866
- Geo Method
- $1,203,866
-
Alternative Use
- Use
- Valuation
- Residential
- $1,069,958
- Hospitality
- $980,075
- Educational
- $815,411
- Medical
- $843,454
- Retail
- $1,268,417
Location Insight
- City
- Vernon
- County
- Washington
- State
- Florida
- Latitude
- 30.6088
- Longitude
- -85.7198
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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