118 Suwannee Dr Branford, FL 32008
This 1,230 square foot commercial property, located at 118 Suwannee Dr, Branford, FL 32008, presents a unique investment opportunity. Built in 1946 and recently updated with a new roof, floors, and fresh paint, the building is in excellent condition and ready for immediate occupancy. Its versatile layout is ideal for various uses, including storefront retail, medical offices, executive offices, or salons/barbershops. Benefit from the high visibility and strong foot traffic of this prime location, boasting excellent highway frontage. This property enjoys a history of successful business operation, with a previous tenant thriving for 25 years. The property is situated in a rapidly growing area of Branford, offering significant potential for future growth and return on investment. The legal description includes LEG LOT 12 BLK 45, BRANFORD; ORB 555 P 193 WDYR 96 ORB 917 P 219-222 PRD YR 2002 NOTES IDS 98-36600. Asking price is $149,900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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