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    Property profile & analytics

    116 Jefferson St Quincy, FL 32351

    • Retail space
    • 25,497 SF
    • 1.17 lot acres
    For Sale
    View listing
    $759,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-3532635
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Educators Tax Services LLC / Tax Preparation Service

    Property Details for 116 Jefferson St

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.17 lot acres
    Property size
    25,497 SF
    Property type
    Retail space
    APN
    3-07-2N-3W-0730-00000-1010
    APU
    3072N3W0730000001010

    Description

    This exceptional 7,226 square foot brick commercial building is situated in Quincy's historic downtown district, offering high visibility and excellent foot traffic. Currently utilized as office space, the property boasts a diverse range of potential uses. The building includes a tenant currently occupying a portion of the space, with the owner actively seeking additional tenants. Significant upgrades enhance its appeal, including a new metal roof installed in 2018, and plumbing and electrical systems upgraded in 2000 and 2018 respectively. The downstairs office suites and Suite A feature attractive wood flooring. A detailed seller's diagram, available in the photos, illustrates the layout. Adding to the property's value is a separate 1,656 square foot covered parking structure. Furthermore, an efficiency apartment with a private entrance is located at the rear of the upper level, providing additional income potential. All square footage measurements are approximate and should be independently verified. Showings are by appointment only. The sale includes the building and the 0.5-acre lot

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $580,000

    • CAP approach

      CAP return
      Estimation
      6%
      $620,000
      6.5%
      $705,000
      7%
      $700,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $760,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $625,000
      Retail
      $790,000
      Mixed-Use
      $665,000
      Hospitality
      $645,000
      Educational
      $620,000
      Residential Income
      $705,000
      Energy
      $760,000
      Income-Based Land
      $720,000
      Food Service
      $590,000

    Location Insight

    • Map
    • Local Demand
    City
    Quincy
    County
    Gadsden
    State
    Florida
    Longitude
    -84.575
    Latitude
    30.5887
    CBSA code
    45220
    CBSA name
    TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,163
    $122,556
    $529,372
    $651,928
    -
    $122,556
    $529,372
    $651,928

    Comparable in this City

    • Value Estimation by Request
      1,250 SF

      108 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 1,250 SF
      108 Jefferson St, Quincy, FL 32351-2408
      View Details
    • Value Estimation by Request
      1,704 SF

      219 Crawford St

      RETAIL STORES (PERSONAL SERVICES) • 1,704 SF
      219 Crawford St, Quincy, FL 32351-3119
      View Details
    • Value Estimation by Request
      1,800 SF

      13 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      13 Jefferson St, Quincy, FL 32351-2405
      View Details
    • Value Estimation
      $65,000
      2,400 SF

      1010 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      1010 Jefferson St, Quincy, FL 32351-2210
      View Details
    • Value Estimation
      $320,000
      2,996 SF

      107 Jefferson St

      RETAIL STORES (PERSONAL SERVICES) • 2,996 SF
      107 Jefferson St, Quincy, FL 32351
      View Details
    • Value Estimation
      $220,000
      1,396 SF

      2100 Bristol Hwy

      RETAIL STORES (PERSONAL SERVICES) • 1,396 SF
      2100 Bristol Hwy, Quincy, FL 32351-8794
      View Details

    Similar Nearby for Sale

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      0.09 Acres

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      Downtown Quincy Retail Opportunity

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      Quincy Commercial Property on Highway

      Retail and warehouse space with highway frontage in Quincy, Florida.
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    • $495,000

      Prime Commercial Property on US 90

      Versatile commercial property with high visibility and development potential.
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    • Contact for pricing
      1,608 SF

      Former Drive-In Restaurant For Sale

      Recently built drive-in restaurant with excellent accessibility and ample parking.
      1321 East Jefferson St, Quincy, FL 32351
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      18,418 SF

      Retail Space on Jefferson Street

      Turnkey retail space with high visibility and ample parking.
      1634 W Jefferson St, Quincy, FL 32351
      View Details
    • $10,000 /Mo
      1,608 SF

      Former Drive-In Restaurant For Lease

      1,704 SF former Sonic Drive-In available for lease.
      1325 W Jefferson St, Quincy, FL 32351
      View Details
    • $10 SF/Yr
      4,500 SF

      Highway 90 Retail Spaces Available

      Quincy, FL: Prime Retail Units for Lease
      2155 Jefferson St, Quincy, FL 32351
      View Details
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    116 Jefferson St
    Quincy, FL 32351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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