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Property profile & analytics
FOR SALE
Warehouses

115 W Clark St Quincy, FL 32351

12,140 SF 0.33 ac lot Built 1927
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-0031305
Property summary
AI-generated overview

This exceptional 36,000 square foot building presents a rare opportunity in the heart of Quincy, Florida. Located at 115 W Clark Street, this historic structure boasts a rich past as part of the Budd Cigar Company, offering a unique blend of character and potential. The expansive interior space is adaptable to a wide range of uses, including warehouse space, storage facilities, or even conversion into residential apartments. The possibilities are virtually limitless, making this property an attractive investment for both developers and entrepreneurs. The asking price of $290,000 translates to an incredibly competitive $8.00 per square foot, representing significant value in the current market. Adding to its appeal is a dedicated parking lot situated directly across the street, providing ample space for tenants or customers. This prime downtown location offers excellent visibility and accessibility, ensuring a strong foundation for any future venture. The 0.59-acre lot provides ample space for expansion or additional development. Don't miss this chance to acquire a piece of Quincy's history and unlock its substantial potential. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1927
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,140 SF
Lot 0.33 ac (14,331 SF)
APN 3-07-2N-3W-0730-00000-1801
UPID US18-0031305
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
by Request
CAP Approach CAP
$1.46M
Comparable Approach Comparable
$651k
Blend (final) Blend
$1.09M
Owner & transaction history
Muddy Paws LLC · 16 yrs held
Muddy Paws LLC
since 2009
2 recorded transactions
2009
$114,400
2004
$145,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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