2116 S Highway 77, Lynn Haven, FL 32444
16,044 sqft warehouse in Lynn Haven, Florida.
- Added:
- Dec 10, 2024
- Days on Market:
- 555
- Last Refresh:
- May 10 at 11:12 pm
Property Features for 2116 S Highway 77
General Information
- Standard status
- Active
- Size
- 16,044 SF
- Lot size
- 1.00 Acre
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing agent NEIL C JONES
Listing office RESOURCE REALTY GROUP, LLC (850) 630-4500
Listing date Dec 10, 2024
Source Corcoran
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 RESOURCE REALTY GROUP, LLC
HighLights
- 16,044 sqft warehouse offers significant space.
- Located in Lynn Haven, Florida.
- Built in 1984.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.1k | $9.48 |
| − Vacancy | −$9.1k | −$0.57 |
| EGI | $143.0k | $8.91 |
| − OpEx | −$21.4k | −$1.34 |
| NOI | $121.5k | $7.57 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Chavers Storage — 2511 s. hwy 77, lynn haven, fl 32444
- Horizon Self Storage — 1503 Florida Ave, Lynn Haven, FL 32444
- Avid Storage — 2150 Hammock Square Dr, Lynn Haven, FL 32444
- Chavers Storage & Rental — 2511 FL-77, Lynn Haven, FL 32444
- CubeSmart Self Storage — 4003 FL-390, Panama City, FL 32405
Location Insight
- Map
- Local Demand
- City
- Lynn Haven
- County
- Bay
- State
- Florida
- Longitude
- -85.65
- Latitude
- 30.2258
