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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2884 Jefferson St Marianna, FL 32446-3404

    • Retail space
    • 2,301 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimations
    $225,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4652806
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Southern Craft Creamery / Coffee Shop / Ice Cream Shop

    Property Details for 2884 Jefferson St

    Year built
    1945
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.18 lot acres
    Property size
    2,301 SF
    Property type
    Retail space
    APN
    03-4N-10-0346-0000-0080
    APU
    034N10034600000080

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $250,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $198,000
      Market price range: $62.9k - $199k
      AI Estimate
      $199,000
      Market price range: $61.9k - $199k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $160,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Marianna
    County
    Jackson
    State
    Florida
    Longitude
    -85.2265
    Latitude
    30.7746

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,726
    $30,150
    $138,750
    $168,900
    -
    $30,150
    $138,750
    $168,900

    Comparable in this City

    • Value Estimation
      $315,000
      13,760 SF

      4376 Lafayette St

      RETAIL STORES (PERSONAL SERVICES) • 13,760 SF
      4376 Lafayette St, Marianna, FL 32446-3364
      View Details
    • Value Estimation
      $240,000
      4,536 SF

      4430 Lafayette St

      RETAIL STORES (PERSONAL SERVICES) • 4,536 SF
      4430 Lafayette St, Marianna, FL 32446-3405
      View Details
    • Value Estimation
      $4,800,000
      4,416 SF

      4204 Lafayette St Sta, Unit A

      RETAIL STORES (PERSONAL SERVICES) • 4,416 SF
      4204 Lafayette St Sta, Marianna, FL 32446-8234
      View Details
    • Value Estimation
      $225,000
      2,606 SF

      4664 Hwy 90

      RETAIL STORES (PERSONAL SERVICES) • 2,606 SF
      4664 Hwy 90, Marianna, FL 32446-3501
      View Details
    • Value Estimation
      $220,000
      4,235 SF

      2811 Hwy 71

      RETAIL STORES (PERSONAL SERVICES) • 4,235 SF
      2811 Hwy 71, Marianna, FL 32446-1890
      View Details
    • Value Estimation by Request
      2,940 SF

      2996 Solitaire Trl

      RETAIL STORES (PERSONAL SERVICES) • 2,940 SF
      2996 Solitaire Trl, Marianna, FL 32446-6739
      View Details

    Similar Nearby for Sale

    • $225,000
      3,836 SF

      Highway 90 Commercial Building

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      3905 Highway 90, Marianna, FL 32446
      View Details
    • $1,068,500
      7,058 SF

      Highway Frontage Auto Shop

      Auto shop on major highway with strong national tenant.
      4753 Highway 90, Marianna, FL 32446
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    • $825,000
      7,940 SF

      Marianna Industrial/Flex Space For Sale

      Industrial/flex space with heated garage, office, and parking.
      4462 Lafayette St, Marianna, FL 32446
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    • $729,000
      21,226 SF

      Marianna Retail Investment Opportunity

      High-income potential retail space in Marianna, FL
      4440 Lafayette St, Marianna, FL 32446
      View Details
    • $1,500,000
      14,500 SF

      Prime Marianna Retail Space

      High-traffic retail building, 14,500 sq ft
      4102 Lafayette St, Marianna, FL 32446
      View Details
    • $199,900
      4,504 SF

      Prime Marianna Retail Corner Lot

      High-traffic Hwy 90 location, ready for development.
      4189 Lafayette St, Marianna, FL 32446
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      3,456 SF

      Retail Building on High-Traffic Road

      3,456 SF retail building with high visibility in Marianna.
      2811 Highway 71, Marianna, FL 32446
      View Details
    • $0.01 SF/Yr
      12,066 SF

      Prime Marianna Retail Space

      12,066 SF Retail Building in FL
      4102 Lafayette St, Marianna, FL 32446
      View Details
    • $11 SF/Yr
      3,090 SF

      Prime Marianna Office Space

      Downtown Marianna, 3090 sq ft, Move-in Ready
      4431 Lafayette St, Marianna, FL 32446
      View Details
    • $5,000 /Mo

      Marianna, FL Commercial Loading Dock

      Loading dock facility with secured fencing and storage containers.
      3529 Russell Rd, Marianna, FL 32446
      View Details
    • $14 SF/Yr
      3,300 SF

      Modern Medical Office Space Available

      Modern medical office space with ample parking and convenient location.
      4320 5Th Ave, Marianna, FL 32446
      View Details
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    2884 Jefferson St
    Marianna, FL 32446-3404
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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