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325 Cedar S Ave Niceville, FL 32578-2608

OFF-MARKET Warehouses Google Maps
4 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$570k
Range $513k – $627k (±10%)
Property ID US18-0738723

Property summary

AI-generated overview

This exceptional 3,750 square foot industrial warehouse space is ideally situated at 325 S Cedar Avenue Unit A, Niceville, FL, on a 4-acre lot. The property features two distinct bays, each equipped with convenient roll-up doors and its own private entrance, providing excellent flexibility for various business operations. The interior layout includes a well-appointed office/administrative area, perfect for managing your business, along with ample storage space to accommodate inventory or equipment. Two restrooms are conveniently located between the bays for employee use. This property is offered on a triple net (NNN) lease structure. The base monthly rent is $2,400, supplemented by $500 in monthly common area maintenance (CAM) fees. A 3% sales tax is also applicable, resulting in a total monthly cost of $2,987. This prime location in Niceville offers easy access to major transportation routes, making it an attractive option for businesses seeking efficient logistics and a strategic presence in the area. The spacious layout and versatile design make this warehouse an excellent choice for a variety of industrial uses. The substantial 4-acre lot provides ample room for expansion or outdoor storage, further enhancing the property's value and potential. This is a rare opportunity to secure a well-maintained and strategically located industrial space in a thriving market.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Construction STEEL FRAME
Lot 4 ac (174,240 SF)
APN 07-1S-22-0000-0146-0010
UPID US18-0738723

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$570k

Owner & transaction history

since 2022
Last sale
$525,000
1 recorded transaction
2022
$525,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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