Industrial Warehouse with Office
2854 North Jefferson Street, Monticello, FL 32344
For Sale
Contact for pricing
A mixed warehouse and office facility fronts a four-lane highway.
Property Size21,144 SF
Lot Size2.90 Acres
Price / SF$85.13
Days on Market43
Property Features for 2854 North Jefferson Street
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Warehouse & Industrial
Warehouse Space
Office Build-Out
Additional Details
Property Use
Building Details
Buildings
Building Size
Construction
Listing Agency:
Charles A. Von Stein, Inc
Listed By:
Kirk Von Stein · License FL #0480498
(772) 696-1082
Source:
Crexi
Added: Sep 28
Changed: Nov 8
Last Checked: Nov 8 at 5:32PM
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 Charles A. Von Stein, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property combines 18,616 square feet of warehouse area with 2,528 square feet of office space, for 21,144 square feet in total. Construction includes a metal frame and metal siding alongside masonry block sections.
The 2.90-acre site has 340 linear feet of frontage on four-lane Highway 19.
The 2.90-acre site has 340 linear feet of frontage on four-lane Highway 19.
Key Highlights
- 21,144‑square‑foot building with 18,616 square feet of warehouse space and 2,528 square feet of office space
- 2.90‑acre site with 340 linear feet of frontage on four‑lane Highway 19
- Metal‑frame construction with metal siding and masonry block
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$164,771
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,295,420
$3.3M
Cap Rate 7%
$2,353,871
$2.4M
Cap Rate 9%
$1,830,789
$1.8M
Market Conditions
NOI Build-Up for 21,144 SF
Gross rent
$203.0K $9.60/SF
− Vacancy
−$9.1K −$0.43/SF
EGI
$193.8K $9.17/SF
− OpEx
−$29.1K −$1.38/SF
NOI
$164.8K $7.79/SF
Area
Jefferson County, FL
Vacancy
4.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,295,420
Cap Rate 7%
$2,353,871
Cap Rate 9%
$1,830,789
Alternative Uses
Best Use
Warehouse
$2.35M
$2.06M – $2.75M
NOI $164,771 @ 7.0% cap · market cap 9.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.18M
$4.54M – $6.05M
NOI $362,851 @ 7.0% cap · market cap 20.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32344, FL
12,705
Population
5,988
Households
2.1
Avg Household Size
49
Median Age
21%
College-Educated
87%
High-School Grad
444.6 sq mi
ZIP Area
29
Density / Sq Mi
$52,222
Median Household Income
$37,131
Median Earnings
$776
Median Rent
$208,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Capri Lock & Store — 2465 N Jefferson St, Monticello, FL 32344, United States
Frequently Asked Questions
What type of property is this?
Warehouse - A mixed warehouse and office facility fronts a four-lane highway.
Where is this warehouse located?
The property is located at 2854 North Jefferson Street Monticello, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 21,144‑square‑foot building with 18,616 square feet of warehouse space and 2,528 square feet of office space; 2.90‑acre site with 340 linear feet of frontage on four‑lane Highway 19; Metal‑frame construction with metal siding and masonry block
