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Property profile & analytics
OFF-MARKET
Retail space

981 Us Hwy 90th W Defuniak Springs, FL 32433-1411

9,300 SF 0.75 ac lot Built 1984
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US18-4289254
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Construction STEEL FRAME
Total area 9,300 SF
Lot 0.75 ac (32,496 SF)
Zoning code HWY90
APN 27-3N-19-19000-010-0010
UPID US18-4289254
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
SCHRENKERS INC
SCHRENKERS INC
Zoning & alternative use
HWY90 · Defuniak Springs, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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