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Property profile & analytics
OFF-MARKET
Warehouses

1406 Minnesota Ave Lynn Haven, FL 32444-3854

2,860 SF 0.69 ac lot Built 1979
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US18-1683034
Property summary
AI-generated overview

This exceptional special-purpose property, located at 1406 Minnesota Avenue in Lynn Haven, presents a unique investment opportunity. Situated on a corner lot with high visibility on Highway 390, boasting an average daily traffic count exceeding 11,000 vehicles, this property offers unparalleled exposure. The main building comprises approximately 3,000 square feet of heated and cooled space, previously used as office space and currently generating a monthly rental income of $3600 from small apartments. The adaptable layout allows for various uses, including office space, showroom, or even a landscape/fleet/auto repair business. A secondary structure, a two-bedroom house, offers additional space easily convertible to office or showroom use. Further enhancing the property's utility is a barn with electricity, providing ample storage. The entire property is securely fenced with an electric gate access on Minnesota Avenue, ensuring privacy and security. The total lot size is not specified, and all measurements are approximate. The property is available for purchase, and owner financing may be considered. This versatile property offers significant potential for a variety of commercial ventures.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,860 SF
Lot 0.69 ac (29,985 SF)
APN 10258-000-000
UPID US18-1683034
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
Current use
Occupant on record · Public records
  • David Lewis Roofing Co Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Shams Properties LLC · 1 yrs held
Shams Properties LLC
since 2024
6 recorded transactions
2024
$425,000
2021
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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