113 N Summit St, Crescent City, FL 32112
For Sale
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This exceptional 4,112 square foot freestanding retail storefront is located at 113 N Summit St, Crescent City, FL 32112, in Putnam County. Currently vacant, this property presents a compelling value-add opportunity for investors seeking to capitalize on a strong location and high traffic counts. The building enjoys a prominent position on N Summit St, with over 10,000 vehicles passing daily, ensuring excellent visibility and accessibility for future tenants. The property benefits from a substantial population base, with over 3,000 residents within a three-mile radius, and projected population growth of +0.37% through 2028. This indicates a stable and growing market for retail businesses. The location is strategically situated between Orlando and Jacksonville, offering convenient access to a larger regional market. Florida's income tax-free status further enhances the investment appeal. This vacant storefront provides a blank canvas for a creative investor to develop a thriving retail space, taking advantage of the high traffic volume and growing population in this desirable location. The property is available for sale or lease.
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Prestige HVAC HVAC Service General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.