Crawfordville Commercial Property For
2646 Crawfordville Highway, Crawfordville, FL 32327
Commercial property in an up-and-coming area, Crawfordville, Florida.
Type:Commercial/Industrial
Property size:
17,233 SFLot size:
1.48 AcresPrice / SF:
$139/SF- Added:
- Mar 24, 2026
- Days on Market:
- 62
- Last Refresh:
- Mar 13 at 9:01 am
Property Features for 2646 Crawfordville Highway
General Information
- Standard status
- Active
- Size
- 17,233 SF
- Lot size
- 1.48 Acres
- Property subtype
- Commercial/Industrial
Listing agent Sedita C Cayson License #670760
Listing office Primesouth Fezler, Russell and (850) 329-7000
Listing date Mar 24, 2026
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
- High income potential: Currently generating $19,500/month with potential to reach $22,000/month.
- Solid construction: Features a block building with a steel roof.
- Newer A/C units: All A/C units are less than 3 years old.
- Good leases in place: Resal good leases are currently active.
- Corporate tenants: Most leases are with corporate tenants.
- Up‑and‑coming area: Located in a developing area.
Overview
This commercial property is located in Crawfordville, Florida, and offers an opportunity to purchase in an up-and-coming area. The block building features a steel roof, and the air conditioning units are less than 3 years old. The property currently generates $19,500 per month and has the potential to earn $22,000 per month. Good leases are in place, with most tenants being corporate entities. The property size is 17,233 square feet.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$1.86M
NOI $167,376 @ 9.00% cap · cautious / downside scenario
Moderate
$2.39M
NOI $167,376 @ 7.00% cap · market / base-case scenario
Aggressive
$3.35M
NOI $167,376 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $258.5k | $15.00 |
| − Vacancy | −$19.4k | −$1.13 |
| EGI | $239.1k | $13.88 |
| − OpEx | −$71.7k | −$4.16 |
| NOI | $167.4k | $9.71 |
17,233 SF · lease $15.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$2.39M
$2.09M – $2.79M
NOI $167,376 @ 7.0% cap · market cap 6.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.22M
$3.70M – $4.93M
NOI $295,735 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
bealls
Baby Clothing Store
Crawdaddy Car Wraps ...
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Crawfordville
- County
- Wakulla
- State
- Florida
- Longitude
- -84.372026
- Latitude
- 30.193309
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Commercial property in an up-and-coming area, Crawfordville, Florida.
Where is this shopping center located?
The property is located at 2646 Crawfordville Highway Crawfordville, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: High income potential: Currently generating $19,500/month with potential to reach $22,000/month.; Solid construction: Features a block building with a steel roof.; Newer A/C units: All A/C units are less than 3 years old.
