1406 Minnesota Ave Lynn Haven, FL 32444-3854
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.
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David Lewis Roofing Co Roofing Company 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
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.