1812 Tennessee Ave Lynn Haven, FL 32444
This exceptional 1.54-acre property in Lynn Haven, Florida, presents a unique investment opportunity. Located on Highway 390 at a traffic light, the site boasts approximately 250 feet of road frontage, ensuring high visibility and accessibility. The property comprises three parcels, including a 4,304-square-foot area encompassing a 1,104-square-foot, three-bedroom, two-bathroom home and a 3,200-square-foot, four-bay warehouse. The home, currently occupied, offers potential for conversion into office space. The warehouse features water and electricity. A separate vacant lot is also included, providing additional development possibilities. City water and sewer are available for the home and warehouse, while city sewer services the vacant lot. The property is zoned for multi-use, allowing for a variety of development scenarios, including commercial, multi-family, single-family, and attached single-family dwellings. The asking price is $875,000. Built in 1965, the property sits on a sizable 67,082.4-square-foot lot. This versatile property offers significant potential for investors seeking a high-traffic location with diverse development options in a thriving Florida community. The property's location at a traffic light on Highway 390 provides excellent visibility and accessibility.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.