17139 Highway 231, Fountain, FL 32438
This exceptional commercial property, located at 17139 Highway 231 in Fountain, Florida, presents a unique investment opportunity. Situated on approximately two acres of C-3 zoned land, this property boasts 258 feet of frontage on Highway 231 and a depth of 309 feet. The main structure is a 4,558 square foot shop/warehouse building, ideal for various commercial uses. This building features inside storage and a metal roof. Heating is provided by a propane tank. Additionally, a 1,216 square foot, three-bedroom, three-bathroom single-wide mobile home is located on the property. The mobile home includes a recently installed (less than one year old) HVAC system and a metal roof. The property also includes a water well with a water treatment system and two septic tanks. The total square footage of the buildings and land is 5,774 square feet on an 83,635.2 square foot lot. The asking price for this versatile property is $700,000. The property is easily accessible from the intersection of Highways 20 and 231. While the warehouse is at 17139 Hwy 231, the mobile home's address is 17135 Hwy 231. All information should be verified by the buyer. This property offers endless business possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.