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    1797 Jefferson St Perry, FL 32348

    For Sale
    $850,000

    Prime location, 48,082 sq ft, needs repair.

    Property size:
    48,082 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional retail investment opportunity encompasses a 48,082 square foot community shopping center situated on a sizable 3.23-acre lot in the thriving city of Perry, Florida. Boasting approximately 300 feet of frontage on Jefferson Street (US Highway 221), this property enjoys unparalleled visibility and accessibility. Its strategic location directly across from the US Post Office ensures high foot traffic and prominent exposure. The surrounding area is a vibrant commercial hub, featuring a mix of small retailers, financial institutions, big-box stores, and popular restaurants, creating a strong synergy and attracting a diverse customer base. Currently, the center houses two established tenants: a pizza restaurant and a pawn shop, providing a stable income stream with potential for future growth. It's important to note that the property sustained damage from a hurricane and requires repairs. This presents a unique opportunity for a savvy investor to acquire a well-positioned retail center at a significantly discounted price, capitalize on the existing tenant base, and implement renovations to maximize its full potential. The substantial lot size also offers possibilities for future expansion or redevelopment. This property is ideal for an investor seeking a value-add opportunity in a high-growth market. The high visibility and established commercial environment make this a compelling investment prospect.

    Property Features for 1797 Jefferson St

    General Information

    Property type
    Retail properties
    Square Feet
    48,082 SF
    Lot Size
    140,699 SF

    Building Details

    Year Built
    1962
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Catalinapizza Pizza Delivery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Taylor
    State
    Florida
    Longitude
    -83.58355
    Latitude
    30.10425

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    FAQs

    What type of property is this?
    Retail property - Prime location, 48,082 sq ft, needs repair.
    Where is this retail property located?
    The property is located at 1797 Jefferson St Perry, FL.
    What is the asking price?
    The asking price for this property is $850,000.
    (904) 964-5424
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    1797 Jefferson St Perry, FL 32348
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    Perry, FL 32348
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1797 Jefferson St Perry, FL 32348
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