Property profile

18246 Blue Star Hwy Quincy, FL 32351

FOR SALE
Automotive properties
Property ID
US18-5104301
1,360 SF 1.07 ac lot Built 1969
Individually Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.07-acre commercial property in Quincy, Florida, presents a lucrative investment opportunity. The main structure boasts 1,360 square feet of retail space, currently utilized as a car lot and generating rental income. A smaller mobile home is also situated on the property. The location is highly visible, boasting over 422.61 feet of frontage on the busy Blue Star Highway, ensuring significant exposure to potential customers. The entire property is fully fenced, providing security and control. The property's current use as a car lot demonstrates its suitability for businesses requiring high visibility and ample space. The combination of the main building and the mobile home offers flexibility for various business models, allowing for expansion or diversification. This turnkey operation is ready for immediate occupancy and presents a rare opportunity to acquire a well-located, income-generating commercial property in a growing market. The asking price of $185,000 reflects the property's significant potential and strong location. Don't miss out on this exceptional opportunity

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,360 SF
Lot 1.07 ac (46,609 SF)
APN 3-10-2N-4W-0000-00131-0100
UPID US18-5104301

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Dealership

Location

18246 Blue Star Hwy Quincy, FL 32351
Quincy metro Census 20701 TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

since 2022
Last sale
$185,000
3 recorded transactions
2022
$185,000
2014
Price N/A
2013
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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