981 Us Highway 90 DeFuniak Springs, FL 32433
- Retail space
- 9,300 SF
- 0.75 lot acres
Current Use by Public Records
- Retail space
Property Details for 981 Us Highway 90
- Year built
- 1984
- Construction
- STEEL FRAME
- Lot size
- 0.75 lot acres
- Property size
- 9,300 SF
- Zone code
- HWY90
- Property type
- Retail space
- APN
- 27-3N-19-19000-010-0010
- APU
- 273N19190000100010
Description
This exceptional retail property, located at 981 US Highway 90 in DeFuniak Springs, Florida (zip code 32433), offers 9,300 square feet of versatile space on a 31,798.8 square foot lot. Built in 1984, this single-story building boasts a modern facade with large storefront windows, ensuring excellent visibility and curb appeal for any business. The interior features a flexible open floor plan, ideal for a variety of retail uses or warehouse operations. A significant portion of the space, approximately 6,150 square feet, offers a spacious showroom with a 9-foot clear height, perfect for product displays or retail layouts. Additionally, there's a roughly 1,000 square foot receiving warehouse equipped with a 10' x 10' roll-up door and receiving dock, streamlining logistics and operations. A newly installed HVAC system ensures year-round climate control. The property's strategic location provides easy access to major transportation arteries, including Interstate 10, US Highway 90, and US Highway 331, maximizing exposure and convenience. The asking price for this prime retail opportunity is $1,000,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $305,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $305,000
- Retail
- $330,000
- Mixed-Use
- $315,000
- Hospitality
- $320,000
- Educational
- $305,000
- Residential Income
- $330,000
- Energy
- $305,000
- Income-Based Land
- $315,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Defuniak Springs
- County
- Walton
- State
- Florida
- Longitude
- -86.1348
- Latitude
- 30.7281
- CBSA code
- 18880
- CBSA name
- CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA