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Property profile & analytics
FOR SALE
Grocery and convenience stores

1509 W Jefferson St Quincy, FL 32351

56,189 SF 9.6 ac lot Built 1984
Entity Owned 12-yr Hold Free & Clear
Property ID
US18-0342519
Property summary
AI-generated overview

Gadsden Square, located at 1509 W Jefferson Street in Quincy, Florida (zip code 32351), presents a unique opportunity for businesses seeking high-visibility retail or office space. This 75,197 square foot strip center sits on a 9.763-acre lot and offers multiple tenancy options, with a minimum divisible space of 3,020 square feet and a maximum contiguous space of 34,120 square feet. Currently, 37,140 square feet are vacant, providing significant potential for expansion or new tenants. The property has undergone major renovations, including new asphalt, roofs, and HVAC systems, ensuring modern and efficient operation. Its prime location off Highway 90 provides excellent accessibility and ample parking. Existing tenants include well-established businesses such as Roses, an Internet Arcade, a Seafood Market, Goodwill, and Citi Trends, creating a strong and diverse tenant mix. The property's professional management ensures smooth operations and tenant satisfaction. Furthermore, there's potential for build-to-suit opportunities on an outparcel, offering additional development possibilities. This center is considered the premier retail destination in Quincy, Florida, making it an ideal investment for businesses seeking a thriving location with high foot traffic and visibility. Gadsden County location.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 56,189 SF
Lot 9.6 ac (418,176 SF)
APN 3-12-2N-4W-0000-00234-0300
UPID US18-0342519
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
  • Quincy Internet Cafe Telecommunications Service Data Center
  • ATM Atm
  • Gadsden Square Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.79M
Blend (final) Blend
$4.78M
Owner & transaction history
Gadsden Plaza LLC · 12 yrs held
Gadsden Plaza LLC
since 2014
2 recorded transactions
2014
Price N/A
2007
$2.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $7.3M +58.5%
Commercial (general) $5.0M +9.3%
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