2209 Sopchoppy Highway, Sopchoppy, FL 32358
3000 Sq. Ft. remodeled building on 0.5 acres.
- Added:
- Mar 20, 2024
- Days on Market:
- 842
- Last Refresh:
- Apr 5 at 9:43 pm
Property Features for 2209 Sopchoppy Highway
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.61 Acres
- Property subtype
- Commercial/Industrial
Listing office Primesouth Fezler, Russell and (850) 329-7000
Listing date Mar 20, 2024
Source Exitrealty
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 Primesouth Fezler, Russell and
HighLights
- Remodeled interior with new roof, electrical, and plumbing.
- High traffic location on Hwy. 319 with ample paved parking (25 cars).
- Large 3000 Sq. Ft. concrete block building on over half an acre.
- Impact hurricane glass for added protection.
- Equipped with 3 phase electric 480 amps.
- Previously a restaurant and includes exhaust hood.
Overview
Local Financial Insights For Office B
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 | $63.0k | $21.00 |
| − Vacancy | −$13.9k | −$4.62 |
| EGI | $49.1k | $16.38 |
| − OpEx | −$12.3k | −$4.10 |
| NOI | $36.9k | $12.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sopchoppy
- County
- Wakulla
- State
- Florida
- Longitude
- -84.489751
- Latitude
- 30.059785
