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Property profile & analytics
FOR SALE
Retail space

4189 Lafayette St Marianna, FL 32446

4,504 SF 0.68 ac lot Built 1965
Individually Owned 6-yr Hold Free & Clear
Property ID
US18-3622607
Property summary
AI-generated overview

This exceptional 0.6-acre commercial lot, located at 4189 Lafayette Street in Marianna, Florida, presents a unique opportunity for new development. Boasting a substantial 4,504 square feet of space, this vacant corner lot is situated on busy Highway 90, a major thoroughfare with an impressive average daily traffic count of 17,000 vehicles. The previous structure has been removed, leaving a clean slate for a new building tailored to your specific business needs. The lot is predominantly paved, simplifying site preparation and construction. Its strategic location offers excellent visibility and accessibility, placing your business in close proximity to a thriving commercial area. Nearby establishments include successful fast-food restaurants and car dealerships, indicating a strong and established customer base. This property's high traffic count, convenient location, and readily available space make it an ideal investment for a variety of commercial ventures. The asking price is $199,900. Don't miss this chance to secure a prime location in a growing market. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,504 SF
Lot 0.68 ac (29,597 SF)
APN 04-4N-10-0292-0000-0020
UPID US18-3622607
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rister Tax & Accounting Services Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Vernon Spencer · 6 yrs held
Vernon Spencer
since 2020
Last sale
$110,000
4 recorded transactions
2020
Price N/A
2020
$110,000
2015
$150,000
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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