Freestanding Retail/Office
For Sale
Contact for pricing
542057 US Highway 1, Callahan, FL 32011
Freestanding commercial building with conditioned showroom space, a private office, ADA restrooms, and a warehouse with a roll-up door.
Property Size16,500 SF
Price / SF$112.73
Days on Market192
Property Features for 542057 US Highway 1
General Information
Standard status
Active
Size
16,500 SF
Property subtype
RETAIL
Listing Agency:
Addison Commercial Real Estate Inc.
(904) 838-6804
Listed By:
Duke Addison · License #BK3004072
(904) 838-6804
Source:
Moodyscre
Added: Jan 22
Changed: Jul 28
Last Checked: Jul 28 at 6:58AM
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 Addison Commercial Real Estate Inc.
Investment Insights
Based on property information with market context.
This freestanding commercial building was originally constructed in 1986 and has been expanded twice, providing conditioned showroom space and supporting back-of-house areas. The property includes a private 8x8 office, two ADA restrooms, and a 10'x8' roll-up door servicing a warehouse area.
The 0.89-acre site fronts US Highway 1, offering road frontage for visibility and convenient access. The property is zoned commercial.
With a total of approximately 16,500 square feet of conditioned showroom space, this configuration can support a mix of retail, office, or medical-style uses in one building, along with warehouse functionality through the roll-up door.
The 0.89-acre site fronts US Highway 1, offering road frontage for visibility and convenient access. The property is zoned commercial.
With a total of approximately 16,500 square feet of conditioned showroom space, this configuration can support a mix of retail, office, or medical-style uses in one building, along with warehouse functionality through the roll-up door.
Key Highlights
- 16,500 SF conditioned showroom in a freestanding building originally built in 1986
- 0.89‑acre site with frontage on U.S. Highway 1 in Callahan’s commercial district
- Commercial zoning; building expanded twice since original construction
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 | $176.2k | $10.68 |
| − Vacancy | −$9.7k | −$0.59 |
| EGI | $166.5k | $10.09 |
| − OpEx | −$25.0k | −$1.51 |
| NOI | $141.5k | $8.58 |
16,500 SF · lease $10.68/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Retail
$2.66M
$2.33M – $3.11M
NOI $186,486 @ 7.0% cap · market cap 10.03%
Second Best
Warehouse
$2.02M
$1.77M – $2.36M
NOI $141,549 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$4.40M
$3.85M – $5.13M
NOI $308,088 @ 7.0% cap · market cap 16.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32011, FL
15,678
Population
6,298
Households
2.5
Avg Household Size
41
Median Age
13%
College-Educated
84%
High-School Grad
168.5 sq mi
ZIP Area
93
Density / Sq Mi
$77,121
Median Household Income
$45,345
Median Earnings
$1,000
Median Rent
$234,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding commercial building with conditioned showroom space, a private office, ADA restrooms, and a warehouse with a roll-up door.
Where is this flex space located?
The property is located at 542057 US Highway 1 Callahan, FL.
What is the asking price?
The asking price for this property is $1,860,000.
What are key features of this property?
This property features: 16,500 SF conditioned showroom in a freestanding building originally built in 1986; 0.89‑acre site with frontage on U.S. Highway 1 in Callahan’s commercial district; Commercial zoning; building expanded twice since original construction
