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    928 White Ave Graceville, FL 32440

    For Sale
    $99,900

    High-traffic retail space, huge potential!

    Property size:
    11,128 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial property, located at 928 White Avenue in Graceville, Florida (zip code 32440), presents a unique investment opportunity. Situated on a nearly full-block lot (46,173.6 sq ft) with access from four paved roads, this property boasts a prime location on Highway 2, ensuring high visibility and daily traffic flow. The property encompasses a total of 11,128 square feet of building space, distributed across three structures. A concrete storefront building (approximately 4,000 sq ft) offers a flexible open floor plan, ideal for various uses such as a fitness center, dance studio, or retail space. A metal warehouse (over 4,000 sq ft) provides ample storage or workshop space, while a 1,700 sq ft garage offers additional versatility. The storefront building features approximately 110 feet of paved road frontage on Highway 2. The property includes two parcels (the second being # 34-7N-13-0103-00A0-0030) and sits on over one acre of land. Built in 1958, this property has a rich history, previously serving as a feed store for over three decades and more recently as a thrift shop. Cash purchase only. This property is zoned commercial and offers significant potential for a savvy investor or entrepreneur seeking a high-traffic location with substantial building space.

    Property Features for 928 White Ave

    General Information

    Property type
    Retail properties
    Square Feet
    11,128 SF

    Building Details

    Year Built
    1958
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Graceville
    County
    Jackson
    State
    Florida
    Longitude
    -85.5195814
    Latitude
    30.9639287

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, huge potential!
    Where is this retail property located?
    The property is located at 928 White Ave Graceville, FL.
    What is the asking price?
    The asking price for this property is $99,900.
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    928 White Ave Graceville, FL 32440
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    Graceville, FL 32440
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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
    928 White Ave Graceville, FL 32440
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