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    1406 Minnesota Ave Lynn Haven, FL 32444

    Sponsored
    For Lease
    $20 SF/Yr

    High-traffic location, income-producing

    Lot size:
    4,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional special-purpose property, located at 1406 Minnesota Avenue in Lynn Haven, presents a unique investment opportunity. Situated on a corner lot with high visibility on Highway 390, boasting an average daily traffic count exceeding 11,000 vehicles, this property offers unparalleled exposure. The main building comprises approximately 3,000 square feet of heated and cooled space, previously used as office space and currently generating a monthly rental income of $3600 from small apartments. The adaptable layout allows for various uses, including office space, showroom, or even a landscape/fleet/auto repair business. A secondary structure, a two-bedroom house, offers additional space easily convertible to office or showroom use. Further enhancing the property's utility is a barn with electricity, providing ample storage. The entire property is securely fenced with an electric gate access on Minnesota Avenue, ensuring privacy and security. The total lot size is not specified, and all measurements are approximate. The property is available for purchase, and owner financing may be considered. This versatile property offers significant potential for a variety of commercial ventures.

    Property Features for 1406 Minnesota Ave

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,500 SF

    Unit(s) available at that property

    Space
    Size
    4,500 SF
    Rate per SF
    $19

    HighLights

    • Special Purpose property with single tenancy.
    • 4,500 square foot building on a corner lot.
    • Currently generating $3,600 in monthly rental income.
    • Located on Highway 390 in Lynn Haven, a high‑traffic area.
    • Includes a separate small house and barn with electricity.
    • Fenced and secure with electric gate access.
    Property Profile Location Intelligence

    Current Use by Public Records

    David Lewis Roofing ... Roofing Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynn Haven
    County
    Bay
    State
    Florida
    Longitude
    -85.6444969
    Latitude
    30.2373701

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    Nearby Similar for Lease

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      Professional Office Center For Rent

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    FAQs

    What type of property is this?
    Specialty property - High-traffic location, income-producing
    Where is this specialty property located?
    The property is located at 1406 Minnesota Ave Lynn Haven, FL.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Special Purpose property with single tenancy.; 4,500 square foot building on a corner lot.; Currently generating $3,600 in monthly rental income.
    Request Owner's contact information
    1406 Minnesota Ave Lynn Haven, FL 32444
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    Lynn Haven, FL 32444
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    Realmo Value Estimation

    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.

    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.

    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
    1406 Minnesota Ave Lynn Haven, FL 32444
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