202 NE 7Th St Carrabelle, FL 32322
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.