Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    705 S BYRON BUTLER Parkway Perry, FL 32347

    View on Map
    Claim this Listing
    For Sale
    $99,000

    COMMERCIAL - Perry, FL

    Lot size:
    0.25 Acres
    Added:
    Mar 19, 2026
    Days on Market:
    50
    Last Refresh:
    May 7 at 12:06 pm

    Property Features for 705 S BYRON BUTLER Parkway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    04908-000
    Lot size
    0.25 Acres

    We can help!

    Listing Contact
    Abbi Cope
    Abbi Cope

    Listing agent Abbi Cope License #3546418

    Listing office Amy Cope Southern Properties, FL

    Listing date Mar 19, 2026

    MLS# 398232

    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

    • High visibility highway frontage on a busy road
    • Ideal for storefront, warehouse, or other business
    • Functional layout suitable for customization
    • Two double roll up doors for convenient access and security
    • Previously used as a seafood market
    • Strategic, high traffic location

    Overview

    Perry, FL Commercial Property

    This commercial property is located in Perry, Florida, and offers high visibility highway frontage. The location is along one of the busiest roads in Perry, Florida. It is suitable for a storefront, warehouse, or other business venture. The building was previously used as a seafood market and features a functional layout with one bathroom. Two double roll-up doors provide convenient access and security. The property requires some updates and care. The lot size is 0.25 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Building Supply Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Christopher's Creative Designs — 114 S Byron Butler Pkwy, Perry, FL 32347
    • Zeiglers Florist — 402 N Jefferson St, Perry, FL 32347
    • Rain Train Stop Flower Shop Floral Designs Perry Florida — 300 S Jefferson St, Perry, FL 32347

    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Taylor
    State
    Florida
    Longitude
    -83.589469
    Latitude
    30.112911

    Nearby Similar for Sale

    • $460,000
      3,750 SF

      Turnkey 8-Unit Apartment Complex

      Fully occupied apartment complex with steady income near hospital and shopping.
      808 Main St., Perry, FL 32347
      View Details
    • $195,000
      5,466 SF

      Commercial Building on Three Acres

      Open span metal building near town ready for custom build-out.
      2016 US 221 N, Perry, FL 32347
      View Details
    • $295,000

      Turn-Key Professional Office Space

      Move-in ready office in Perry's medical and professional corridor.
      423 E Ash Street, Perry, FL 32347
      View Details
    • $300,000

      Turnkey Sewing and Fabric Business

      Established business with multiple income streams and room for expansion.
      2311 Mary Esther Lane, Perry, FL 32348
      View Details
    • $175,000
      2,146 SF

      Triangular Duplex Investment Opportunity

      Income-producing duplex with mixed-use zoning near shopping and hospital.
      804 Green, Perry, FL 32347
      View Details
    • $750,000
      4,090 SF

      Established Florist & Gift Shop

      Turn-key florist and gift shop in a prime location.
      402 N Jefferson Street, PERRY, FL 32347
      View Details
    • $460,000

      Turnkey 8-Unit Apartment Complex

      Fully occupied apartment complex with stable income near local amenities.
      808 W MAIN Street, Perry, FL 32347
      View Details
    • $144,900

      One Acre Property Near Keaton Beach

      One-acre property with metal building, master suite, and RV hook-up.
      15789 SEA HORSE Drive, Perry, FL 32348
      View Details
    • $135,000

      Acre Lot Near Keaton Beach

      One-acre lot near Keaton Beach with income potential.
      2745 SEA OAKS Loop, Perry, FL 32348
      View Details
    • $199,000

      Turn-Key RV Property Near Keaton Beach

      RV property with hookups, pole barn, and custom concrete.
      348 Cedar Island Road, Perry, FL 32348
      View Details
    • $129,000

      One-Acre RV Property Near Gulf

      One-acre RV property with utilities, near the Gulf Coast.
      15610 SNAPPER Street, Perry, FL 32348
      View Details
    • $175,000

      Triangular Duplex Investment Opportunity

      Income-producing duplex with mixed-use zoning near shopping and hospital.
      804 W Green Street, Perry, FL 32347
      View Details

    FAQs

    What type of property is this?
    Storefront property - Commercial property with high visibility highway frontage in Perry, Florida.
    Where is this storefront property located?
    The property is located at 705 S BYRON BUTLER Parkway Perry, FL.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: High visibility highway frontage on a busy road; Ideal for storefront, warehouse, or other business; Functional layout suitable for customization
    (850) 295-3323
    We can help!
    Listing Contact
    Abbi Cope
    Abbi Cope
    Real Estate License ID: 3546418
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    705 S BYRON BUTLER Parkway, Perry, FL 32347
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!