202 NE 7Th St Carrabelle, FL 32322
- Warehouses
- 5,216 SF
- 0.37 lot acres
Current Use by Public Records
- Warehouses
Property Details for 202 NE 7Th St
- Year built
- 2000
- Construction
- FRAME
- Lot size
- 0.37 lot acres
- Property size
- 5,216 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 29-07S-04W-4200-0016-0010
- APU
- 2907S04W420000160010
Description
This exceptional 5,216 square foot commercial warehouse presents a unique opportunity in the vibrant maritime town of Carrabelle, Florida. Strategically located, this property offers unparalleled convenience and accessibility. The warehouse boasts a spacious, open layout perfect for a variety of commercial uses. Its construction features sturdy cypress framing, blown-in insulation for superior energy efficiency, and a durable metal roof reinforced with hurricane straps, ensuring protection against Florida's weather. A climate-controlled office space provides comfortable administrative areas, while covered RV parking with 50-amp service adds further versatility. Privacy is enhanced by a perimeter fence and mature native trees. The property sits on a 0.39-acre lot. This versatile space is ready for immediate occupancy and offers significant potential for a wide range of businesses. An adjacent vacant lot on Highway 98 is also available for purchase, providing an opportunity for expansion or additional development. This is an exceptional opportunity to acquire a well-maintained, spacious commercial warehouse in a desirable location. The combination of size, features, and location makes this property an attractive investment for discerning buyers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $155,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $180,000
- 6.5%
- $170,000
- 7%
- $165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $200,000
- Geo Method
- $195,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $175,000
- Retail
- $200,000
- Mixed-Use
- $190,000
- Hospitality
- $165,000
- Educational
- $190,000
- Residential Income
- $150,000
- Energy
- $185,000
- Income-Based Land
- $160,000
- Food Service
- $190,000
Location Insight
- Map
- Local Demand
- City
- Carrabelle
- County
- Franklin
- State
- Florida
- Longitude
- -84.658
- Latitude
- 29.8507