Liquor Storefront and
For Sale
$600,000
1970 Woodville Hwy, Crawfordville, FL 32327
The sale combines the building, business, and 3PCPS liquor license, with inventory excluded from the offering.
Property Size1,742 SF
Price / SF$344.43
Days on Market60
Property Features for 1970 Woodville Hwy
General Information
Standard status
Active
Size
1,742 SF
Additional Details
Business Included
Yes
Corner Location
Yes
Liquor License
Yes
Listing Agency:
Joseph R. Bracciale Jr. Broker
Listed By:
Michael Carruthers · License #595672
(850) 545-6468
Source:
Hopegainesrealestate
Added: Aug 17
Changed: Oct 15
Last Checked: Oct 7 at 5:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joseph R. Bracciale Jr. Broker
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Investment Insights
Based on property information with market context.
This storefront offering includes the building and the associated liquor business in a single sale. A 3PCPS liquor license is included, while inventory is excluded.
The property is located at 1970 Woodville Hwy in Crawfordville, at the intersection of Coastal Hwy 98 and Woodville Hwy. The site is positioned close to the coast.
The property is located at 1970 Woodville Hwy in Crawfordville, at the intersection of Coastal Hwy 98 and Woodville Hwy. The site is positioned close to the coast.
Key Highlights
- Building and business offered together
- Includes a 3PCPS liquor license
- Inventory is not included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,919
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,380
$338.4K
Cap Rate 7%
$241,700
$241.7K
Cap Rate 9%
$187,989
$188.0K
Market Conditions
NOI Build-Up for 1,742 SF
Gross rent
$26.1K $15.00/SF
− Vacancy
−$2.0K −$1.13/SF
EGI
$24.2K $13.88/SF
− OpEx
−$7.3K −$4.16/SF
NOI
$16.9K $9.71/SF
Area
Wakulla County, FL
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,380
Cap Rate 7%
$241,700
Cap Rate 9%
$187,989
Alternative Uses
Best Use
Retail
$241.7K
$211.5K – $282.0K
NOI $16,919 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$427.1K
$373.7K – $498.2K
NOI $29,894 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Exxon
Shops & Services
4,793 visits/mo
0.2 miles
Dollar General
Shops & Services
2,455 visits/mo
0.1 miles
Demographics for 32327, FL
30,048
Population
11,730
Households
2.6
Avg Household Size
42
Median Age
22%
College-Educated
88%
High-School Grad
235.6 sq mi
ZIP Area
128
Density / Sq Mi
$76,714
Median Household Income
$43,825
Median Earnings
$1,126
Median Rent
$215,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - The sale combines the building, business, and 3PCPS liquor license, with inventory excluded from the offering.
Where is this storefront property located?
The property is located at 1970 Woodville Hwy Crawfordville, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Building and business offered together; Includes a 3PCPS liquor license; Inventory is not included
