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Property profile & analytics
OFF-MARKET
Commercial land

3525 Russell Rd Marianna, FL 32446-7934

6,191 SF 1.2 ac lot Built 1990
Entity Owned 3-yr Hold
Property ID
US18-4886638
Property summary
AI-generated overview

This 7,291 square foot vacant early education center, built in 1990, is situated on a 1.21-acre lot at 3525 Russell Road in Marianna, Florida, and is offered for sale at $1,200,000 ($164.59/SF). Previously operating as a daycare, this property presents a unique investment opportunity in a growing market. Its convenient location along I-10 and Highway 71 provides easy access for serving the Florida Panhandle, South Alabama, and Georgia. The area boasts a strong economy driven by tourism, outdoor recreation, military/defense, healthcare, and agriculture. The property benefits from its proximity to Endeavor Park, a new 1,200-acre mixed-use development, and the city of Marianna offers various business incentives, including tax breaks and grants. Furthermore, the property is only a 3-minute drive from the Marianna Municipal Airport (KMAI) and 1.5 hours from Northwest Florida Beaches International Airport (ECP). The property is located approximately one hour west of Tallahassee, Florida's capital, in a state with no income tax. This single-tenant, vacant building offers significant potential for investors seeking to capitalize on the demand for early childhood education services in this strategic location. A lease rate of $8,000 per month is also available.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1990
Construction WOOD FRAME
Total area 6,191 SF
Lot 1.2 ac (52,272 SF)
APN 19-5N-09-0000-0050-0031
UPID US18-4886638
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
  • Along the Way Too High School Daycare Center
  • Kid City USA - Marianna Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ssbba Ter LLC · 3 yrs held
Ssbba Ter LLC
since 2023
3 recorded transactions
2023
Price N/A
2022
$720,000
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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