Mixed-Use Property with
For Sale
Under Contract
$230,000
1065 N Jefferson Street, Monticello, FL 32344
CommercialSale, Monticello, FL
Property Size1,659 SF
Lot Size0.58 Acres
Price / SF$138.64
Days on Market47
Property Features for 1065 N Jefferson Street
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Level
Directions
East on Hwy 90 or I-10, Left @ State Road 19
Subdivision
Jefferson
Standard status
Active Under Contract
APN
12065-00-00-00-0350-0000-0080
Lot size
0.58 Acres
Utilities
Heating system
Central
Cooling system
Central Air, Window Unit(s), Varies by Unit
Water source
Public
Listing Agency:
Coldwell Banker Hartung
(850) 386-6160
Listed By:
Christie Perkins · License #3043297
(850) 321-2393
Added: Sep 11
Changed: Oct 23
Last Checked: Oct 27 at 10:06AM
MLS# 404813
Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use property combines a 1,659-square-foot converted office area with multiple rooms and a separate 2,700-square-foot storage warehouse that is functioning and active. The improvements include central heating, varied cooling systems, and public water service. Some repair work is needed on the front decks.
Positioned on a 0.58-acre corner lot at 1065 N Jefferson Street, the property fronts Hwy 19 and is within walking distance of downtown Monticello. Ample parking supports the existing office and warehouse configuration. The office was previously used for a real estate sales operation.
Positioned on a 0.58-acre corner lot at 1065 N Jefferson Street, the property fronts Hwy 19 and is within walking distance of downtown Monticello. Ample parking supports the existing office and warehouse configuration. The office was previously used for a real estate sales operation.
Key Highlights
- 1,659‑square‑foot converted office area with multiple rooms
- Separate 2,700‑square‑foot functioning and active storage warehouse
- 0.58‑acre corner lot fronting Hwy 19
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,381
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,620
$407.6K
Cap Rate 7%
$291,157
$291.2K
Cap Rate 9%
$226,456
$226.5K
Market Conditions
NOI Build-Up for 1,659 SF
Gross rent
$34.8K $21.00/SF
− Vacancy
−$7.7K −$4.62/SF
EGI
$27.2K $16.38/SF
− OpEx
−$6.8K −$4.10/SF
NOI
$20.4K $12.29/SF
Area
Jefferson County, FL
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,620
Cap Rate 7%
$291,157
Cap Rate 9%
$226,456
Alternative Uses
Best Use
Office B
$291.2K
$254.8K – $339.7K
NOI $20,381 @ 7.0% cap · market cap 8.86%
Second Best
Mixed Use
$224.0K
$196.0K – $261.3K
NOI $15,678 @ 7.0% cap · market cap 6.82%
Theoretical Best
Office A
$406.7K
$355.9K – $474.5K
NOI $28,470 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Explore this area
Business Placement
Demographics for 32344, FL
12,705
Population
5,988
Households
2.1
Avg Household Size
49
Median Age
21%
College-Educated
87%
High-School Grad
444.6 sq mi
ZIP Area
29
Density / Sq Mi
$52,222
Median Household Income
$37,131
Median Earnings
$776
Median Rent
$208,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner-lot commercial property combining office rooms, a functioning storage warehouse, and ample parking near downtown.
Where is this mixed-use property located?
The property is located at 1065 N Jefferson Street Monticello, FL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,659‑square‑foot converted office area with multiple rooms; Separate 2,700‑square‑foot functioning and active storage warehouse; 0.58‑acre corner lot fronting Hwy 19
