1509 Jefferson St Quincy, FL 32351-2131
- Grocery and convenience stores
- 56,189 SF
- 9.60 lot acres
Current Use by Public Records
- Quincy Internet Cafe / Internet Service Provider
- ATM / Atm
- Gadsden Square / Shopping Mall
Property Details for 1509 Jefferson St
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 9.60 lot acres
- Property size
- 56,189 SF
- Property type
- Grocery and convenience stores
- APN
- 3-12-2N-4W-0000-00234-0300
- APU
- 3122N4W0000002340300
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,140,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,185,000
- 6.5%
- $1,320,000
- 7%
- $1,295,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,265,000
- Geo Method
- $1,410,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,305,000
- Retail
- $1,355,000
- Mixed-Use
- $1,315,000
- Hospitality
- $1,145,000
- Educational
- $1,440,000
- Residential Income
- $1,540,000
- Energy
- $1,420,000
- Income-Based Land
- $1,570,000
- Food Service
- $1,265,000
Location Insight
- Map
- Local Demand
- City
- Quincy
- County
- Gadsden
- State
- Florida
- Longitude
- -84.5943
- Latitude
- 30.5863
- CBSA code
- 45220
- CBSA name
- TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
