6708 Dearborn St, Milton

6708 Dearborn St is a 15,290 sq ft Warehousing, distribution terminal, trucking terminal, or van and storage warehousing in Milton. It was built in 1977. 6708 Dearborn St sits on 0.80 acres of land. In 2013 similar properties sold for between $1,823,180 and $1,823,180. We estimate the income value of 6708 Dearborn St at $665,322. The assumptions we used to calculate this value are include in the spreadsheet linked below. Milton is in Santa Rosa County, Florida.

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6708 Dearborn St Property Summary

6708 Dearborn St
Milton
FL 32570

Property Size:15,290 sq ft
Acreage:0.80
Year Built:1977
Property Class:C2
Lat, Long: 30.647, -87.044

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

Google Street View  of 6708 Dearborn St, Milton, FL 32570
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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

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Estimated Value: 6708 Dearborn St

Market Data

In 2013 class A warehousing, distribution terminal, trucking terminal, or van and storage warehousing properties in Milton sold for $119.24 to 119.24 per sq ft with a median price per sq ft of $119.24. Class B properties sold for $119.25 to 119.23 per sq ft with a median of $119.24 and class C properties sold for $119.24 to 119.24 per sq ft with a median of $119.24.

Market Valuation

6708 Dearborn St appears to be a C Class property. Suggested value: $1,823,180

HighMedianLow
Value1,823,180 1,823,180 1,823,180

Income Valuation - Triple Net Lease

Visulate estimates the income value of this property is $665,322. Details of how we produced this estimate value appear below:

The following table shows a income valuation estimate for 6708 Dearborn St. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Net lease values for maintenance, property tax, utilities and insurance shown below are calculated as a percentage of the full amount based on the vacancy percentage.

Amount
Monthly Rent5,989
Annual Rent per Sq Ft4.70
Gross Annual Rent71,863
Vacancies and Bad Debt8%
Vacancies and Bad Debt Amount5,965
Maintenance660
HOA, Utilities and CAM0
Property Taxes174
Insurance1,231
Management Fees3,954
NOI59,879
Cap Rate9
Estimated Value665,322
Edit Values and Estimate Cashflow Estimate Cashflow
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Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

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Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $65,955. The bottom 10% of the population earn less than $24,030 per year. The top 10% earn more than $142,741 per year. The top 1% earn more than $427,659 per year. Most renters earn between $31,620 (20th percentile) and $59,964 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $975. Most renters earn between $2,635 and $4,997 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $665 (20th percentile) to $1,394 (80th percentile) range. The residential vacancy rate is 7%.

Links

  1. 6708 Dearborn St, Milton, FL on Google Maps
  2. 6708 Dearborn St Walkscore
  3. Milton, FL Property Values on Trulia
  4. Search for EPA and DEP Cleanup Sites

Owner Details

Companies at this Address

  1. Mailing Address for Rco LLC

Companies near this Address

  1. Floritex, Inc. (5844 Stewart St)
  2. Ljfd, Inc. (5837 Stewart St)
  3. Turn One Graphics, LLC (5833 Stewart St)
  4. Turn One Performance, LLC (5833 Stewart St)
  5. Avalon Glass, Inc. (5800 Stewart St)
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

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In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.