118 E Park St Perry, FL 32348
For Sale
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This exceptional 8,445 square foot commercial property, situated on a 0.89-acre lot at 118 Park Street, Unit 118, Perry, FL, presents a remarkable investment opportunity. Its prime location just off Byron Butler Parkway, directly behind Taylor Square Shopping Center, offers unparalleled visibility and accessibility. The shopping center boasts a diverse range of tenants including Dollar General, Jin Jin restaurant, Ellianos Coffee, Sherwin Williams, Goodwill, Happy Nails Salon, and Save-a-lot grocery. The property's proximity to a Chevrolet dealership and Walmart further enhances its strategic positioning. Previously operating as a movie theater, the building features a first floor with a spacious lobby accessible through multiple doorways, four restrooms, and three large areas ideal for various commercial uses. A second-floor platform, previously used as an office, offers additional space suitable for storage or conversion. The property's adaptable layout lends itself to a variety of uses, including potential conversion into warehouse space. This property is part of a larger investment portfolio encompassing nine commercial properties (many with existing tenants and leases) and one leased residential home, all within a four-mile radius in Perry, FL. Proof of funds or pre-approved financing is required for scheduling showings. All offers must be submitted in writing.
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
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.