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    Property profile & analytics
    OFF-MARKET Estimated value $545,000
    Warehouses

    325 Cedar S Ave, Niceville, FL 32578-2608

    4 ac lot
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Grandstaff Plumbing & Gas 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
    $545k
    Owner & transaction history
    R F Thomas LLC · 3 yrs held
    R F Thomas LLC
    since 2022
    Last sale
    $525,000
    1 recorded transaction
    2022
    $525,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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