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Property profile & analytics
OFF-MARKET Estimated value $735,000
Office buildings

101 Business Ctr Dr Miramar Beach, FL 32550-6984

8,865 SF 0.49 ac lot Built 2003
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-6024810
Property summary
AI-generated overview

This exceptional commercial space, located at 101 Business Centre Dr B in Miramar Beach, Florida (zip code 32550), is a single-tenant, second-generation restaurant commissary ideally suited for a catering kitchen operation. The property, identified by APN 29-2S-21-42100-000-0030 in Walton County, is classified as Special Purpose with a restaurant prep subtype. The existing lease assignment and pricing for the included equipment are available upon request. This turnkey opportunity presents a significant advantage for businesses seeking a fully equipped and ready-to-use commercial kitchen. The space is strategically located in Miramar Beach, offering convenient access to local businesses and residents. Interested parties should inquire about lease terms and details regarding the existing equipment. This is a unique chance to acquire a well-established commercial kitchen without the extensive setup costs typically associated with new ventures. The property's precise coordinates are 30.383496428445607 latitude and -86.3788364881433 longitude. Further details regarding the lease assignment and equipment are available upon request. Don't miss this opportunity to establish or expand your catering business in a prime Miramar Beach location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Construction STEEL FRAME
Total area 8,865 SF
Lot 0.49 ac (21,475 SF)
APN 29-2S-21-42100-000-0030
UPID US18-6024810
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
AI Approach AI
$715k
CAP Approach CAP
by Request
Comparable Approach Comparable
$538k
Blend (final) Blend
$735k
Owner & transaction history
Jcdc Holdings LLC · 5 yrs held
Jcdc Holdings LLC
since 2020
Last sale
$725,000
3 recorded transactions
2020
$725,000
2019
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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