Income-Producing Freeport Industrial
60 McDaniels Fishcamp Road Freeport, FL 32439
60 McDaniels Fishcamp Road, Freeport, FL, 32439
$1,100,000
For Sale
$1,100,000
Industrial property with warehouse space and office, generating monthly income.
Property Size6,400 SF
Lot Size1.25 Acres
Price / SF$171.88
Days on Market143
Property Features for 60 McDaniels Fishcamp Road
General Information
- Standard status
- Active
- Size
- 6,400 SF
- Lot size
- 1.25 Acres
- Property subtype
- Commercial
Listing Agency
KELLER WILLIAMS REALTY FWB
(850) 226-6323
Listed by
PAUL A DOMENECH
Source
Corcoran
Added: Feb 27 Checked: Jul 20 at 4:01 am
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 KELLER WILLIAMS REALTY FWB
Investment Insights
Based on property information with market context.
Located at 60 McDaniels Fishcamp Rd in Freeport, FL, this income-producing industrial property offers approximately 6,400 SF of warehouse space and a 300 SF office, built in 2024. The property includes a ±1,900 SF warehouse with approximately 700 SF of livable area and a separate ±4,500 SF warehouse leased to two tenants, generating $6,500 per month. The total gross income is $78,000 annually, reflecting an approximate 6.4% return before expenses based on current gross income and asking price. There is additional on-site rental income potential. The property is located minutes from Highway 331 and Highway 20, providing direct access to 30A, Santa Rosa Beach, and northbound connectivity to I-10. It is suitable for investors seeking multi-tenant income or owner-users looking to occupy space while maintaining cash flow.
Key Highlights
- Income‑producing industrial property generating $78,000 annually with additional rental income potential.
- Two warehouses: ±1,900 SF (with ±700 SF livable area) and ±4,500 SF, the latter currently leased to two tenants.
- New construction: 300 SF office built in 2024.
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 | $134.4k | $21.00 |
| − Vacancy | −$26.9k | −$4.20 |
| EGI | $107.5k | $16.80 |
| − OpEx | −$26.9k | −$4.20 |
| NOI | $80.6k | $12.60 |
6,400 SF · lease $21.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.15M
$1.01M – $1.34M
NOI $80,640 @ 7.0% cap · market cap 7.33%
Second Best
Warehouse
$786.2K
$687.9K – $917.2K
NOI $55,034 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,666 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
North Bay Foam ...
Hardware & Home Improvement
Sun Coast Insulation
General Contractor
El-Sankary, Inc. Towing
Auto Repair Shop
Mid-America Insulation & Supply
General Contractor
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FAQs
What type of property is this?
Warehouse - Industrial property with warehouse space and office, generating monthly income.
Where is this warehouse located?
The property is located at 60 McDaniels Fishcamp Road Freeport, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Income‑producing industrial property generating $78,000 annually with additional rental income potential.; Two warehouses: ±1,900 SF (with ±700 SF livable area) and **±4,500 SF, the latter currently leased to two tenants.**; **New construction: 300 SF office built in 2024.**
