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    Property profile & analytics

    3296 Main St Vernon, FL 32462

    • Retail space
    • 6,720 SF
    • 1.03 lot acres
    For Sale
    View listing
    $440,000
    Value Estimation
    Last Sale
    Jul 19, 2023
    $410,000
    Location Intelligence
    Property ID
    US18-5502144
    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

    • Western Union / Money Transfer Service

    Property Details for 3296 Main St

    Year built
    2003
    Lot size
    1.03 lot acres
    Property size
    6,720 SF
    Property type
    Retail space
    APN
    42020046
    APU
    42020046

    Description

    This exceptional 8,600 square foot retail property, situated on 1.03 acres at 3296 Main Street in Vernon, Florida, presents a remarkable investment opportunity. Previously occupied by a Dollar General store, this high-traffic, high-visibility location boasts ample space suitable for a wide range of businesses. The expansive square footage allows for flexibility, potentially accommodating multiple tenants through division. Its prime Main Street location ensures excellent accessibility and visibility, making it ideal for retail, restaurants, beauty salons, barber shops, or similar ventures. The property's prominent position guarantees significant exposure to a substantial customer base. The seller is open to considering lease-purchase options with a significant down payment, offering a flexible acquisition strategy for qualified buyers. This is a rare chance to secure a well-established commercial space in a thriving area with exceptional potential for growth and profitability. The property's size and location make it an attractive prospect for entrepreneurs and investors alike. Don't miss this opportunity to own a piece of Vernon's bustling commercial landscape.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $360,000

    • CAP approach

      CAP return
      Estimation
      6%
      $360,000
      6.5%
      $340,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $330,000
      Mixed-Use
      $380,000
      Hospitality
      $405,000
      Educational
      $410,000
      Residential Income
      $380,000
      Energy
      $455,000
      Income-Based Land
      $415,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Vernon
    County
    Washington
    State
    Florida
    Longitude
    -85.7198
    Latitude
    30.6088

    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
    $6,403
    $22,497
    $324,900
    $347,397
    -
    $22,497
    $324,900
    $347,397

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      3250 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      3250 Main St, Vernon, FL 32462-2223
      View Details
    • Value Estimation
      $2,240,000
      11,104 SF

      3306 Sapp Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,104 SF
      3306 Sapp Ave, Vernon, FL 32462-2230
      View Details
    • Value Estimation by Request
      946 SF

      3308 Mcfatter Ave

      RETAIL STORES (PERSONAL SERVICES) • 946 SF
      3308 Mcfatter Ave, Vernon, FL 32462-2066
      View Details
    • Value Estimation
      $145,000
      9,752 SF

      2994 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,752 SF
      2994 Main St, Vernon, FL 32462-2228
      View Details
    • Value Estimation by Request
      980 SF

      2878 Church St

      BARBER, HAIR SALON • 980 SF
      2878 Church St, Vernon, FL 32462-2102
      View Details
    • Value Estimation by Request
      994 SF

      3445 Cook Cir

      BARBER, HAIR SALON • 994 SF
      3445 Cook Cir, Vernon, FL 32462-2317
      View Details

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    3296 Main St
    Vernon, FL 32462
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    Realmo Value Estimation

    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.

    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.

    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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