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    1797 Jefferson St Perry, FL 32348

    Sponsored
    For Sale
    $975,000

    High-traffic retail property, needs repair.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.23-acre retail property, located at 1797 Jefferson Street S in Perry, Florida (zip code 32348), presents a unique investment opportunity. The 140,698.8 square foot lot boasts approximately 300 feet of frontage on US Highway 221 (Jefferson Street), ensuring high visibility and accessibility. Built in 1962, this single-story commercial building currently houses two tenants: a pizza restaurant and a pawn shop. The property's strategic location across from the US Post Office and surrounded by a mix of small retailers, financial institutions, big box stores, and restaurants, guarantees a strong customer base. The asking price is $975,000. It's important to note that the property sustained hurricane damage and requires repairs. This presents a chance to acquire a well-situated retail center with significant potential for redevelopment and increased profitability. The property's size and location make it ideal for expansion or redevelopment to suit a variety of retail uses. Serious inquiries are encouraged.

    Property Features for 1797 Jefferson St

    General Information

    Property type
    Land

    Building Details

    Year Built
    1962
    Stories
    1

    HighLights

    • Exceptional 3.23‑acre retail property in Perry, FL (32348), priced at $975,000.
    • 140,698.8 sq ft lot with ~300 ft of frontage on US Hwy 221 (Jefferson Street).
    • Currently houses two tenants (pizza restaurant and pawn shop) in a 1962 single‑story building.
    • High‑visibility location across from the Post Office, near other retailers, banks, and restaurants.
    • Requires repairs due to prior hurricane damage; redevelopment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Catalinapizza Pizza Delivery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Taylor
    State
    Florida
    Longitude
    -83.5836951
    Latitude
    30.1042746

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    FAQs

    What type of property is this?
    Land - High-traffic retail property, needs repair.
    Where is this land located?
    The property is located at 1797 Jefferson St Perry, FL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Exceptional 3.23-acre retail property in Perry, FL (32348), priced at $975,000.; 140,698.8 sq ft lot with ~300 ft of frontage on US Hwy 221 (Jefferson Street).; Currently houses two tenants (pizza restaurant and pawn shop) in a 1962 single-story building.
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    1797 Jefferson St Perry, FL 32348
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    Perry, FL 32348
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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
    1797 Jefferson St Perry, FL 32348
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