Commercial Building in Central
400 US HIGHWAY 90 Baldwin, FL 32234
For Sale
$349,999
COMMERCIAL - Baldwin, FL
Property Size1,500 SF
Lot Size0.32 Acres
Price / SF$233.33
Days on Market288
Property Features for 400 US HIGHWAY 90
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
1
Rooms
Bathroom 1
Standard status
Active
APN
0007890000
Size
1,500 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
901
Building Details
Year built
1972
Floors in Building
1
Flooring type
Concrete
Building materials
Block
Roof type
Metal
Listing Agency:
FLORIDA HOMES REALTY & MTG LLC
(904) 996-9115
Listed By:
BRYAN DURRENCE · License #3382436
(904) 591-8914
Added: Oct 13, 2025
Changed: Apr 15
Last Checked: Jul 27 at 5:06PM
MLS# 2113073
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in the center of Baldwin, this commercial building offers a customizable space for business ventures. The block building, with a size of 1500 square feet, is structured to potentially accommodate two separate businesses. It features a new metal roof and is equipped with city water, city sewage, and 3-phase electric power. The lot size is 0.32 acres. The property is sold as-is.
Key Highlights
- Prime location in the center of Baldwin.
- New Metal Roof.
- Set up for two separate businesses.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $24.00 |
| − Vacancy | −$8.0k | −$5.33 |
| EGI | $28.0k | $18.67 |
| − OpEx | −$7.0k | −$4.67 |
| NOI | $21.0k | $14.00 |
1,500 SF · lease $24.00/SF/yr · vacancy 22.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$300.1K
$262.6K – $350.1K
NOI $21,006 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$400.1K
$350.1K – $466.8K
NOI $28,008 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Blank canvas commercial building with new metal roof.
Where is this office building located?
The property is located at 400 US HIGHWAY 90 Baldwin, FL.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Prime location in the center of Baldwin.; New Metal Roof.; Set up for two separate businesses.
