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4170 Co Rd 218, Middleburg, FL 32068
Mixed-use properties
Property Size2,400 SF
Price / SF$218.75
Days on Market899
Property Features for 4170 Co Rd 218
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Industrial, Mixed Use
Zoning
BB
Building Details
Year Built
2023
Stories
1
Listing Agency:
Better Homes and Garden Real Estate
Listed By:
DENNIS KINKOPF · License #3109186
(407) 474-0188
Source:
Crexi
Added: Apr 29, 2024
Changed: Oct 10
Last Checked: Oct 12 at 5:56PM
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 Better Homes and Garden Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Priced Below Appraisal
- Additional Square Footage with 2nd Building Already Engineered
- Impact Fee Already Paid for Additional Buildings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,600
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,000
$612.0K
Cap Rate 7%
$437,143
$437.1K
Cap Rate 9%
$340,000
$340.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$57.6K $24.00/SF
− Vacancy
−$8.6K −$3.60/SF
EGI
$49.0K $20.40/SF
− OpEx
−$18.4K −$7.65/SF
NOI
$30.6K $12.75/SF
Area
Clay County, FL
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$612,000
Cap Rate 7%
$437,143
Cap Rate 9%
$340,000
Alternative Uses
Best Use
Mixed Use
$437.1K
$382.5K – $510.0K
NOI $30,600 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$640.2K
$560.2K – $746.9K
NOI $44,813 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
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Business Placement
Demographics for 32068, FL
57,458
Population
21,830
Households
2.6
Avg Household Size
39
Median Age
22%
College-Educated
93%
High-School Grad
115.5 sq mi
ZIP Area
497
Density / Sq Mi
$82,410
Median Household Income
$42,615
Median Earnings
$1,411
Median Rent
$264,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
Where is this mixed-use property located?
The property is located at 4170 Co Rd 218 Middleburg, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Priced Below Appraisal; Additional Square Footage with 2nd Building Already Engineered; Impact Fee Already Paid for Additional Buildings
