2657 Randall Lane, Cottondale, FL 32431
$3,900,000
Property Type:
Commercial for Sale
Square Footage:
26,240
Lot Size (sq. ft.):
435,600
Status:
Active
Current Price:
$3,900,000
List Date:
12/22/2025
Last Modified:
12/22/2025
Overview
Description
Listing Details MLS# 782885
Contract Info
- List Price/SqFt
- 148.63
- Sub-Type
- Income Producing
Location
- Area
- 09 – Jackson County
- Street #
- 2657
- Street Name
- Randall
- Street Suffix
- Lane
- State
- FL
- Zip Code
- 32431
- County
- Jackson
- Sub Area
- 0905 – Jackson – Campbellton/Graceville/Cottondale
- Subdivision
- [No Recorded Subdiv]
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 30-5N-11-0000-0070-0000
- Directions
- Separate locations. Call listing agent.
- Legal Description
- OR 228 P 27 OR 273 P 590OR 317 P 771 OR 328 P 665OR 869 P 53 OR 1143 P 261 OR 1346 P 952 COMM AT NWC OF SECT, RUN E 1325.92 FT FT, S 518.42 FT, CONT S 630.39 FT TO E/LY EDGE OF CADDY RD TO BEGIN, RUN S 87* E 202.59 FT, N 88* E 217.20 FT, CONT N 88* E 44.52 FT TO W/LY RTWY OF HWY #231 SAID POINT BEING CURVE CONCAVE SE/LY, RUN SW/LY ALONG CURVE & RTWY 508.55 FT, S 27* W ALONG RTWY 208.67 FT, S 19* W
General Property Info
- List Class
- Residential Income
- Construction Status
- Construction Complete
- Acreage
- 10
- SqFt Tot Bldg
- 26240
- Year Built
- 1965
Listing Info, Tax and Legal
- HOA Fee
- No
More Information
Remarks & Misc
- Remarks
- 44-Unit Mixed-Use Investment Portfolio | ~7.5% Cap Rate | Value-Add Upside Rare opportunity to acquire a 44-unit income-producing portfolio consisting of two mobile home parks and single-family residences, offering strong in-place cash flow with additional upside potential. The portfolio includes 29 mobile homes across two parks. The first park features 18 mobile homes with additional vacant lots available, and is approved for future expansion, allowing for increased density and long-term NOI growth. The second mobile home park consists of 7 existing units, providing stable, affordable housing income. In addition, the portfolio includes 15 single-family residences, adding diversification, durability, and tenant demand to the income stream. According to the owner the property is currently operating at an approximately 7.5% cap rate, with opportunities to enhance returns through infill development, unit upgrades, rent optimization, and operational efficiencies.
Office/Member Info
- Seller Concessioins
- No
Financing
- Cash
- Yes
Present Zoning
- Resid Multi-Family
- Yes
Utilities
- Electricity – Connected
- Yes
- Private Well
- Yes
- Public Sewer – Connected
- Yes
- Water Connected
- Yes
- Septic Tank
- Yes
Sale Type
- As Is
- Yes
Floors in Unit/Home
- One
- Yes
Offering Type
- Sale with Lease
- Yes
Pricing Type
- Sale Price
- Yes
Transport. Access
- 2-Lane
- Yes
- City Road
- Yes
- County Road
- Yes
- Paved
- Yes
- Unpaved
- Yes
Property Features
Financing:
Cash
Offering Type:
Sale with Lease
Pricing Type:
Sale Price
Present Zoning:
Resid Multi-Family
Sale Type:
As Is
Utilities:
Electricity – Connected; Private Well; Public Sewer – Connected; Water Connected; Septic Tank
Listing Office:
Chipola Realty
Last Updated: December – 22 – 2025
Information deemed reliable but not guaranteed.