16 Island Dr, Eastpoint, FL 32328
This exceptional commercial property, situated at 16 Island Drive in Eastpoint, Florida, presents a unique investment opportunity. Boasting a generous 1,416 square feet of space, this building is ideally positioned for a variety of commercial uses. Its central location within Franklin County ensures high visibility and easy accessibility for clients and employees. The property sits on a sizable 0.7-acre lot, offering ample room for expansion, parking, or outdoor amenities. The building's versatile layout allows for customization to suit specific business needs. The asking price of $550,000 reflects the property's prime location and significant potential. This is an excellent chance to acquire a well-situated commercial space in a thriving area. The property's size and location make it suitable for a range of businesses seeking a prominent presence in Franklin County. Serious inquiries are encouraged to explore this compelling investment opportunity further. Don't miss out on this chance to secure a valuable asset in a desirable location. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Its strategic placement within Eastpoint offers unparalleled convenience and exposure. This is a rare opportunity to own a substantial commercial property in a highly sought-after area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.