301 Commerce Blvd, Midway, FL 32343
- Retail space
- 21,144 SF
- 2.85 lot acres
Current Use by Public Records
- Coastal Protective Products / (Bike/Boat/Book/etc) Store
- Talon Tactical Outfitters / (Bike/Boat/Book/etc) Store
- Talon Security, Inc. / Security Service
- Reel Repair by Jim / Corporate Office
- Talon Holsters / (Bike/Boat/Book/etc) Store
Property Details for 301 Commerce Blvd
- Year built
- 2019
- Construction
- STEEL FRAME
- Lot size
- 2.85 lot acres
- Property type
- Retail space
- APN
- 4-10-1N-2W-0000-00334-0200
- APU
- 4101N2W0000003340200
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 12, 2019 | — | Talon Range LLC | — | Loan Modification · related | $1.2M · Prime Meridian Bk |
| Jun 28, 2018 | $140,500 | Talon Property Management LLC | Lct Of North Florida LLC | Warranty Deed | $1.2M · Prime Meridian Bank |
| Feb 11, 2009 | — | Lct Of North Florida LLC | Thompson,lex C | Quit Claim Deed · related | — |
Description
This exceptional 20,074-square-foot flex/warehouse property in Midway, Florida, presents a unique investment opportunity. The single-story building features five individual suites, ideal for diverse tenants. Located at the strategic interchange of Highway 90 and I-10 on Commerce Blvd, this property boasts excellent visibility and accessibility. Its proximity to major transportation arteries, including I-10 and US 90, ensures convenient access for businesses and employees. The property is situated adjacent to Peterbilt and near the Comfort Inn and Suites, benefiting from established commercial presence. The fully air-conditioned building offers 50 paved parking spaces and is the only retail space within the industrial park, providing a distinct competitive advantage. The property's location in Midway, approximately 20 minutes from Downtown Tallahassee, offers a balance of accessibility and a lower cost of operation compared to Tallahassee. The property's Assessed Property Number (APN) is 4-10-1N-2W-0000-00334-0200. This is a rare opportunity to acquire a well-located, versatile commercial property with significant growth potential.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,425,000
- 6.5%
- $3,160,000
- 7%
- $2,935,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,789,000
- AI Estimate
- $2,789,000
Market price range: $675k - $2.79MMarket price range: $835k - $2.79M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,750,000
- COMMERCIAL (GENERAL)
- $1,895,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Midway
- County
- Gadsden
- State
- Florida
- Longitude
- -84.4244
- Latitude
- 30.4925
- CBSA code
- 45220
- CBSA name
- TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA
