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Property profile & analytics
OFF-MARKET
Retail space

988 White Ave Graceville, FL 32440-1759

4,600 SF 1.21 ac lot Built 1978
Entity Owned 7-yr Hold Free & Clear
Property ID
US18-7529603
Property summary
AI-generated overview

This exceptional commercial investment opportunity in Graceville, Florida, presents a versatile 4,600+ square foot metal building situated on a 1.21-acre lot. Currently configured as a florist shop and storage facility, the property offers endless possibilities for a variety of commercial uses. Its strategic location near Highway 77 provides convenient access to Interstate 10 and the nearby city of Dothan, enhancing its appeal to a wide range of businesses. The substantial square footage allows for ample space to accommodate diverse operational needs, while the expansive lot provides ample room for expansion or outdoor activities. The metal construction ensures durability and low maintenance, representing a sound investment for long-term growth. This property is ideally suited for entrepreneurs seeking a flexible space to establish or expand their operations, benefiting from its prime location and significant size. The existing infrastructure, including the florist shop and storage areas, offers a solid foundation for immediate occupancy or potential redevelopment. This is a rare opportunity to acquire a versatile commercial property in a growing area, offering significant potential for return on investment. Serious inquiries are encouraged to explore the possibilities this property presents.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction STEEL FRAME
Total area 4,600 SF
Lot 1.21 ac (52,490 SF)
APN 34-7N-13-0172-0000-0211
UPID US18-7529603
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
  • Personal Touch Florist & Gifts, Inc (Bike/Boat/Book/etc) Store Florist
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
West Florida Ents INC · 7 yrs held
West Florida Ents INC
since 2018
1 recorded transaction
2018
$100
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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