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    OFF-MARKET
    Commercial real estate

    16 Island Dr, Eastpoint, FL 32328

    1,416 SF 0.7 ac lot Built 1976
    Property ID
    US18-6272887
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1976
    Total area 1,416 SF
    Lot 0.7 ac (30,492 SF)
    UPID US18-6272887
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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