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

    2972 Jefferson St Marianna, FL 32446

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-2644951
    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

    • Commercial real estate

    Property Details for 2972 Jefferson St

    Property type
    Commercial real estate

    Description

    This 20,473 square foot agricultural parcel is located at 2972 Jefferson Street, Marianna, Florida, 32446, in Jackson County. Offered at $52,000, this property presents a versatile mixed-use opportunity within the city limits of Marianna. Its prime location offers high visibility in a growing area, blending historic charm with modern convenience. Ideal for retail, office space, or residential development, this land provides entrepreneurs and investors with a chance to capitalize on Marianna's growth. The property's measurements are approximate, based on recorded data. This unique space offers endless possibilities for creating a special business or residential project. Don't miss this chance to invest in the future of Marianna.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Marianna
    County
    Jackson
    State
    Florida
    Longitude
    -85.2263715
    Latitude
    30.7809728

    Comparable in this City

    • $4,300,000
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    • $1,350,000

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      Marianna Farm/Estate Investment Opportunity

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    • $395,000

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      Commercial zoned property with accessibility and expansion potential.
      4049 Lafayette St, Marianna, FL 32446
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    • $39,000

      Wooded Lot Near Merritt's Mill

      One-acre wooded lot in Indian Springs community, ideal for building.
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    • $44,900
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    Similar Nearby for Sale

    • $4,300,000
      533.00 Acres

      Exceptional 533-Acre Florida Estate

      Prime Hunting, Farming, Timberland
      5293 Highway 2, Marianna, FL 32446
      View Details
    • $1,350,000

      Marianna Farm with Vineyard

      29.15-acre farm with vineyard, orchard, and horse facilities.
      3754 Annie Rd, Marianna, FL 32446
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    • $1,600,000
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      Marianna Farm/Estate Investment Opportunity

      Income-producing farmland with wildlife habitat near Marianna, Florida.
      5018 Old U S Rd, Marianna, FL 32446
      View Details
    • $395,000

      Commercial Land with Shop

      Commercial zoned property with accessibility and expansion potential.
      4049 Lafayette St, Marianna, FL 32446
      View Details
    • $39,000

      Wooded Lot Near Merritt's Mill

      One-acre wooded lot in Indian Springs community, ideal for building.
      0000 Oak Dr, Marianna, FL 32446
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    • $44,900
      0.80 Acres

      Golf Course Building Lot

      0.80 acre lot on a golf course.
      2860 Appalachee Trl, Marianna, FL 32446
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
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      Prime Marianna Office Space

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      4431 Lafayette St, Marianna, FL 32446
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      Prime Marianna Retail Space

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    • $5,000 /Mo

      Marianna, FL Commercial Loading Dock

      Loading dock facility with secured fencing and storage containers.
      3529 Russell Rd, Marianna, FL 32446
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    2972 Jefferson St
    Marianna, FL 32446
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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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