3525 Russell Rd Marianna, FL 32446-7934
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.
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Along the Way Too High School Daycare Center
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Kid City USA - Marianna Daycare Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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