Technical
Financial
Distress signals
Property profile

1650 Walnut St Starke, FL 32091

OFF-MARKET
Warehouses
Property ID
US18-7185081
1,920 SF 1.33 ac lot Built 1960
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 240-square-foot office space in Starke, Florida, is available for lease starting October 1st, 2024. Located at 1650 S Walnut St, 32091, this single-tenant office boasts a desirable location with high visibility along US-301, ensuring prominent exposure to local traffic. Nearby businesses include Walmart, Tractor Supply Co., Dunkin', and Aldi, providing convenient access to amenities and a thriving commercial environment. Built in 1982, the space offers an open-floor plan, allowing for flexible customization to suit various business needs. Features include a private restroom, abundant natural light, and signage options. The lease includes 24/7 access and ample parking. The monthly rent is $400, encompassing all utilities except trash. A 12-month minimum lease term is required, along with a security deposit equivalent to one month's rent ($400). This traditional office space is also suitable for executive office, coworking, or creative office uses.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,920 SF
Lot 1.33 ac (58,100 SF)
APN 04287-0-00100
UPID US18-7185081

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1650 Walnut St Starke, FL 32091
Starke metro Census 100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.40M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.11M

Owner & transaction history

since 2022
Last sale
$1.6M
6 recorded transactions
2022
$1.6M
2019
Price N/A
2018
$673,600
2018
Price N/A
2014
$385,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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