5022 HWY 22 Callaway Callaway, FL 32404
Operating furniture store, home decor, gifts, jewelry, and real estate.
- Added:
- Sep 6, 2025
- Days on Market:
- 309
- Last Refresh:
- May 10 at 10:36 pm
Property Features for 5022 HWY 22 Callaway
General Information
- Standard status
- Active
- Size
- 3,430 SF
- Lot size
- 0.47 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing office INVESTORS ADVANTAGE RE (850) 896-4137
Listing date Sep 6, 2025
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 INVESTORS ADVANTAGE RE
Investment Insights
Based on property information with market context.
Key Highlights
- Established business (2 years) with growing revenue and positive reputation.
- Includes business, goodwill, inventory, and real estate.
- Building has 3 separate entrances, allowing for division into 2‑3 businesses.
Local Financial Insights For Retail
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 | $58.4k | $17.04 |
| − Vacancy | −$4.8k | −$1.40 |
| EGI | $53.7k | $15.64 |
| − OpEx | −$16.1k | −$4.69 |
| NOI | $37.6k | $10.95 |
