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    3130 Magnolia St Cottondale, FL 32431

    Source: https://www.saltercompany.com
    For Sale
    $69,000

    Affordable 1,664 SF Storage Building Needs TLC

    Property size:
    1,664 SF

    Description

    Added:
    Feb 12, 2025
    Days on Market:
    305
    This 1,664-square-foot industrial storage unit, located at 3130 Magnolia St, Cottondale, FL 32431, presents a unique investment opportunity. Situated on a 0.16-acre lot, the building has been used for owner storage and is currently vacant. The property requires some renovations and improvements to be fully functional for its next use. While the building's current condition necessitates some work, its affordability makes it an attractive option for buyers seeking a cost-effective entry point into the industrial real estate market. The property is classified as a warehouse, self-storage facility, and other industrial property. The asking price is $69,000. Given its size and location in Jackson County, Florida, this property offers potential for various uses, depending on the buyer's vision and investment in renovations. The property is sold as-is. Serious inquiries are encouraged to schedule a viewing and assess the property's potential for their specific needs. This is a cash sale. No net operating income is currently generated. The sale price does not include any additional costs associated with the transfer of ownership.

    Property Features for 3130 Magnolia St

    General Information

    Property type
    Warehouses
    Square Feet
    1,664 SF
    Price / Square Foot
    $41
    Class
    B
    Elevators
    N/A
    Lot Size
    7,057 SF

    Building Details

    Year Built
    1955
    Buildings
    1
    Stories
    1

    HighLights

    • Affordable 1,664 sq ft industrial storage unit in Cottondale, FL, priced at $69,000.
    • Located on 0.16 acres at 3130 Magnolia St, offering potential for various uses.
    • Currently owner‑occupied for storage; requires some work for optimal functionality.
    Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cottondale
    State
    Florida
    Longitude
    -85.375059
    Latitude
    30.794364

    Nearby Comparable

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    Nearby Similar for Sale

    • $69,000
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      Cottondale Commercial Building Opportunity

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      3130 Magnolia St, Cottondale, FL 32431
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    FAQs

    What type of property is this?
    Warehouse - Affordable 1,664 SF Storage Building Needs TLC
    Where is this warehouse located?
    The property is located at 3130 Magnolia St Cottondale, FL.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: Affordable 1,664 sq ft industrial storage unit in Cottondale, FL, priced at $69,000.; Located on 0.16 acres at 3130 Magnolia St, offering potential for various uses.; Currently owner-occupied for storage; requires some work for optimal functionality.
    (850) 564-0120
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    3130 Magnolia St Cottondale, FL 32431
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    Cottondale, FL 32431
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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
    3130 Magnolia St Cottondale, FL 32431
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