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Property profile & analytics
OFF-MARKET
Warehouses

203 Us-98 Eastpoint, FL 32328

7,500 SF Built 1998
Property ID
Property summary
AI-generated overview

This exceptional Eastpoint, Florida property offers a unique investment opportunity. The 7,500-square-foot warehouse, situated on a 98 x 200 lot at 203 US-98, boasts a solid metal, fully insulated structure with multiple large loading doors. Built in 1998 and renovated in 2017 and 2022, the two-story building features a 25-foot ceiling height and is zoned C4 commercial/residential. An attached two-bedroom, two-bathroom house is included, previously used as an Airbnb and accommodating three local businesses. The property is currently vacant and offers a potential for a quick 30-day closing. The asking price of $899,000 ($119.87/sq ft) reflects recent appraisals. Included in the sale are some furniture and all appliances, including laundry facilities. A dedicated RV area with electric and sewer hookups provides additional potential rental income or owner use. This prime location on Highway 98, between Apalachicola and St. George Island, ensures high visibility and accessibility. Air rights of 7,500 square feet further enhance the property's potential. Several parking areas are available on the expansive lot.

Property profile
Verified
Property type Warehouses
Year built 1998
Total area 7,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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