14166 Alabama StJay, FL 32565

Property Details for 14166 Alabama St

Year built

2002

Construction

STEEL FRAME

Lot size

0.74 AC

Property size (Sq ft)

8,640 SF

Zone code

CV-1

Property type

Retail properties

Property subtype

Outlet malls

APN

41-5N-29-0000-05001-0000

APU

415N290000050010000

Description

This exceptional 8,640-square-foot freestanding retail building, situated on a 0.74-acre lot in Jay, Florida, presents a remarkable leasing opportunity. Formerly a Dollar General, this single-story, 2002-built structure underwent renovations in 2012 and offers 8,000 square feet of vacant space, ideal for a variety of retail uses. The building's design is adaptable to diverse retail operations, and its location at 14166 S Alabama St provides excellent visibility. The property boasts ample parking and exterior display space, with lot dimensions of approximately 255 feet deep and 126 feet wide. Zoned C-R, this property benefits from its proximity to downtown Jay, ensuring high traffic and visibility. The building's single-tenant occupancy history and substantial square footage make it an attractive option for businesses seeking a prominent location in a growing community. This is a prime opportunity to establish a successful retail presence in a well-positioned, easily accessible location within Santa Rosa County. The property's solid construction and recent renovations ensure a move-in ready space, minimizing upfront investment and maximizing immediate operational efficiency. Don't miss this chance to secure a highly visible and functional retail space in a thriving Florida market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,720,128

  6.5%

  $1,587,811

  7%

  $1,474,396

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,473,626

  Geo Method

  $1,547,828

• Alternative Use

  Use

  Valuation

  Residential

  $1,339,378

  Hospitality

  $1,226,863

  Educational

  $1,020,735

  Medical

  $1,055,840

  Retail

  $1,587,811

Location Insight

City

Jay

County

Santa Rosa

State

Florida

Latitude

30.9518

Longitude

-87.1504

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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