Commercial Property on Four
6705 Berryhill Street Milton, FL 32570
6705 Berryhill Street, Milton, FL, 32570
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For Sale
Contact for pricing
Prime commercial property with multiple potential uses and high visibility.
Property Size2,496 SF
Lot Size0.54 Acres
Price / SF$260.38
Days on Market1333
Property Features for 6705 Berryhill Street
General Information
- Standard status
- Active
- Size
- 2,496 SF
- Lot size
- 0.54 Acres
- Property subtype
- Land
Listing Agency
BUY A HOME REALTY
Listed by
Phillip Palmer
Source
Crexi
Added: Nov 22, 2022 Checked: Jul 16 at 6:01 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 BUY A HOME REALTY
Investment Insights
Based on property information with market context.
This commercial property, zoned C-1, is currently operating as an antique store, real estate office, and U-Haul distributor. The property offers multiple potential uses and includes a billboard sign rental. The main house features 1776 square feet, with an additional 720 square feet in a separate building, totaling 2496 square feet. Situated on 0.54 acres, the property has frontage on four streets: 180 feet on Stewart Street, 151 feet on Berryhill Street, 151 feet on Bruner Street, and 144 feet on Rose Street. The property also includes 908 square feet of covered patio and 582 square feet of covered porch. The property is being sold as-is.
Key Highlights
- Prime commercial property with C‑1 zoning, offering many possible uses.
- Located on .54 acres with significant frontage on four streets (Stewart, Berryhill, Bruner, and Rose) and 4 street corners.
- Billboard sign rental for additional income.
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 | $47.9k | $19.20 |
| − Vacancy | −$8.6k | −$3.46 |
| EGI | $39.3k | $15.74 |
| − OpEx | −$9.8k | −$3.94 |
| NOI | $29.5k | $11.81 |
2,496 SF · lease $19.20/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$421.0K
$368.4K – $491.2K
NOI $29,473 @ 7.0% cap · market cap 4.54%
Second Best
Retail
$383.7K
$335.7K – $447.6K
NOI $26,858 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$614.6K
$537.8K – $717.1K
NOI $43,023 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- The Purple Tulip Florist Inc. — 5418 Stewart St, Milton, FL 32570
- The Open Rose Flowers & Gifts — 6434 Open Rose Dr, Milton, FL 32570
FAQs
What type of property is this?
Storefront property - Prime commercial property with multiple potential uses and high visibility.
Where is this storefront property located?
The property is located at 6705 Berryhill Street Milton, FL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Prime commercial property with C‑1 zoning, offering many possible uses.; Located on .54 acres with significant frontage on four streets (Stewart, Berryhill, Bruner, and Rose) and 4 street corners.; Billboard sign rental for additional income.
