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Property profile & analytics
OFF-MARKET
Retail space

2811 Hwy 71 Marianna, FL 32446-1890

4,235 SF 0.55 ac lot Built 1997
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-4338885
Property summary
AI-generated overview

This exceptional free-standing office building, located at 2811 Highway 71 in Marianna, Florida, presents a compelling passive investment opportunity. Built in 1997, the single-unit property boasts a prime location within a thriving commercial corridor, surrounded by established national and local businesses. The property features a substantial 24,000 square foot lot, providing ample space and 30 parking spots for convenience. Currently operating under a Triple Net Lease with Kyle Smoke Shop, this investment offers a strong capitalization rate. The building itself is classified as an office property and is situated in a high-traffic area, ensuring consistent visibility and accessibility. The zip code is 32446. The asking price for this turnkey investment is $600,000. This presents a rare chance to acquire a well-located, income-producing asset in a growing Florida market. The property's strong tenant and favorable lease terms make it an attractive option for investors seeking stable returns. The location's proximity to various amenities further enhances its appeal. This is an excellent opportunity to add a high-performing asset to your portfolio. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Construction CONCRETE
Total area 4,235 SF
Lot 0.55 ac (24,089 SF)
APN 02-4N-10-0000-0390-0020
UPID US18-4338885
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mahogant Realty Holdings LLC · 4 yrs held
Mahogant Realty Holdings LLC
since 2021
Last sale
$205,000
6 recorded transactions
2021
$205,000
2021
$150,000
2021
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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