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Property profile & analytics
OFF-MARKET Estimated value $750,000
Community centers

1797 Jefferson St Perry, FL 32348

48,082 SF 3.23 ac lot Built 1962
Entity Owned Free & Clear
Property ID
US18-4386551
Property summary
AI-generated overview

This exceptional retail investment opportunity encompasses a 48,082 square foot community shopping center situated on a sizable 3.23-acre lot in the thriving city of Perry, Florida. Boasting approximately 300 feet of frontage on Jefferson Street (US Highway 221), this property enjoys unparalleled visibility and accessibility. Its strategic location directly across from the US Post Office ensures high foot traffic and prominent exposure. The surrounding area is a vibrant commercial hub, featuring a mix of small retailers, financial institutions, big-box stores, and popular restaurants, creating a strong synergy and attracting a diverse customer base. Currently, the center houses two established tenants: a pizza restaurant and a pawn shop, providing a stable income stream with potential for future growth. It's important to note that the property sustained damage from a hurricane and requires repairs. This presents a unique opportunity for a savvy investor to acquire a well-positioned retail center at a significantly discounted price, capitalize on the existing tenant base, and implement renovations to maximize its full potential. The substantial lot size also offers possibilities for future expansion or redevelopment. This property is ideal for an investor seeking a value-add opportunity in a high-growth market. The high visibility and established commercial environment make this a compelling investment prospect.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 48,082 SF
Lot 3.23 ac (140,699 SF)
APN 25-04-07-04778-000
UPID US18-4386551
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
  • Catalinapizza Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$750k
Owner & transaction history
Tri State Business Partners LLC
Tri State Business Partners LLC
since 2025
3 recorded transactions
2025
$550,000
2024
Price N/A
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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