2873 Highway 71 Marianna, FL 32446
- Retail space
- 4,224 SF
- 1.34 lot acres
Current Use by Public Records
- Retail space
Property Details for 2873 Highway 71
- Year built
- 1962
- Construction
- STEEL FRAME
- Lot size
- 1.34 lot acres
- Property size
- 4,224 SF
- Property type
- Retail space
- APN
- 02-4N-10-0358-0000-0270
- APU
- 024N10035800000270
Description
This exceptional commercial property, located at 2873 Highway 71 in Marianna, Florida, presents a unique investment opportunity. The 1.34-acre lot boasts a substantial 4,224 square foot building, offering ample space for a variety of commercial ventures. Over 1,100 square feet of the building is climate-controlled, providing comfortable workspace. The property's history as a thriving feed and seed store speaks to its strong potential for future success. Its strategic location offers excellent visibility and accessibility, enhanced by access from three different roads. The building's substantial size and the ample lot space provide flexibility for various business models, from retail to light industrial uses. The property is priced competitively at $299,900, representing a significant value for its size, location, and potential. This is an ideal opportunity for an entrepreneur seeking a well-situated commercial space in a growing area. The existing structure provides a solid foundation for immediate occupancy or renovation, allowing for customization to meet specific business needs. The property's multiple road access points ensure convenient access for customers and deliveries. Don't miss this chance to acquire a prime commercial property in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $320,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $260,000
- Retail
- $240,000
- Mixed-Use
- $280,000
- Hospitality
- $305,000
- Educational
- $285,000
- Residential Income
- $305,000
- Energy
- $255,000
- Income-Based Land
- $270,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Marianna
- County
- Jackson
- State
- Florida
- Longitude
- -85.1996
- Latitude
- 30.7736