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    Retail/Office Building with Parking Title is generated by Realmo AI

    66 Dr. Martin Luther King Jr. Boulevard, Crawfordville, FL 32327

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    For Sale
    $250,000

    COMMERCIAL - Crawfordville, FL

    Property size:
    1,134 SF
    Lot size:
    0.48 Acres
    Price / SF:
    $220/SF
    Added:
    Mar 4, 2026
    Days on Market:
    111
    Last Refresh:
    Jun 23 at 7:06 pm

    Property Features for 66 Dr. Martin Luther King Jr. Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    12129-00-00-077-000-10311-000
    Lot size
    0.48 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Building materials
    Frame
    Roof type
    Metal

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    Listing Contact
    Paula Knowles

    Listing agent Paula Knowles License #559827

    Listing office Harvey Lentz Property Group 2931 Crawfordville Hwy, Crawfordville, FL

    Listing date Mar 4, 2026

    MLS# 397754

    Copyright © 2026 Tallahassee Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1,134 SF wood‑frame commercial retail building on Dr. Martin Luther King Jr. Memorial Rd in Crawfordville
    • Metal roof, vinyl plank flooring, and central heat with central air/heat pump HVAC
    • One‑bathroom layout suitable for retail, office, or service‑based use
    • Sits on approximately 0.48 acres with gravel parking for customers or clients

    Overview

    This commercial building is a 1,134 sq ft wood-frame property with a metal roof. Inside, the space is finished with vinyl plank flooring and served by a heat pump HVAC system. The building includes one bathroom, and the overall setup supports flexible small-business use.

    The property is located on Dr. Martin Luther King Jr. Memorial Rd in Crawfordville, FL, on approximately 0.48 acres. It offers gravel parking and is described as having good visibility and convenient access from the road.

    The layout and site improvements make this a practical option for tenants or owner-operators seeking a standalone retail, office, or service-based location. With existing HVAC and interior finishes in place, the building can serve as a base for a variety of neighborhood-oriented businesses where convenient access and on-site parking matter.

    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 $23.8k $21.00
    − Vacancy −$5.2k −$4.62
    EGI $18.6k $16.38
    − OpEx −$4.6k −$4.10
    NOI $13.9k $12.29
    1,134 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $199.0K
    $174.1K – $232.2K (±1% cap)
    NOI $13,931 @ 7.0% cap · market cap 5.57%
    Second Best
    Retail
    $157.3K
    $137.7K – $183.6K (±1% cap)
    NOI $11,014 @ 7.0% cap · market cap 4.41%
    Theoretical Best
    Office A
    $278.0K
    $243.3K – $324.4K (±1% cap)
    NOI $19,461 @ 7.0% cap · market cap 7.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Crawfordville
    County
    Wakulla
    State
    Florida
    Longitude
    -84.372152
    Latitude
    30.177269

    FAQs

    What type of property is this?
    Storefront property - Wood-frame commercial building with HVAC, metal roof, and gravel parking for retail or service uses.
    Where is this storefront property located?
    The property is located at 66 Dr. Martin Luther King Jr. Boulevard Crawfordville, FL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 1,134 SF wood‑frame commercial retail building on Dr. Martin Luther King Jr. Memorial Rd in Crawfordville; Metal roof, vinyl plank flooring, and central heat with central air/heat pump HVAC; One‑bathroom layout suitable for retail, office, or service‑based use
    More about this property
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