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Property profile

92295 Old State Rd Tavernier, FL 33070

OFF-MARKET
Commercial real estate
View Sample
Built 1994

Property summary

AI-generated overview

This exceptional mixed-use commercial building presents a rare investment opportunity in Tavernier, Florida. Boasting an impressive 6,214 square feet of commercial space, this concrete structure sits on a fenced 37,477 square foot lot. Its prime location on the northbound side of US-1 offers unparalleled visibility with 313 feet of highway frontage and convenient cross-street access to southbound US-1. The high-traffic location ensures maximum exposure for any business. The building comprises six separate units or suites, each with half a bathroom, connected by convenient walkways. Two additional restrooms are accessible via exterior walkways. Previously used as a private school/institution, the property offers a multitude of commercial possibilities, including retail, office space, a school, gym, or medical facility. The versatility of the space allows for diverse business ventures. A land survey is readily available. This is a unique opportunity to acquire a substantial commercial property in a highly desirable location with significant potential for growth and return on investment.

Property profile

Verified
Property type Commercial real estate
Year built 1994

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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