928 White Ave Graceville, FL 32440-1215
This exceptional commercial property, located at 928 White Avenue in Graceville, Florida, presents a unique investment opportunity. Situated on a 1.06-acre lot in the heart of Graceville, directly on Highway 2, this property boasts high visibility and accessibility for businesses. The site encompasses nearly a full city block, providing access from four paved roads. The property includes three substantial buildings: a nearly 4,000 square foot concrete storefront building with approximately 110 feet of highway frontage, a metal warehouse exceeding 4,000 square feet, and a 1,700 square foot garage. The total building square footage is 11,128 square feet. The versatile storefront building's open floor plan lends itself to a variety of uses, including a dance studio, fitness center, martial arts facility, or training center. Its previous uses include a feed store (over 30 years) and a thrift shop. The property's zoning allows for commercial use. The expansive lot includes two parcels (the second being parcel # 34-7N-13-0103-00A0-0030), offering ample space for expansion or additional development. This property is priced at $99,900 and is being offered for cash purchase only. With its prime location, substantial building space, and flexible zoning, this property offers significant potential for a savvy investor or entrepreneur.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.