Former Juvenile Facility and Land for Sale

Special Purpose for Sale
Catylist Listing ID: 30733479
Property Subtypes: Jail/Correctional Facility
Building Size (RSF): 35,614 SF
Gross Building Area: See Agent
Sale Price: $359,000
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/24/2021

Overview / Comments

This former juvenile justice facility, consisting of 35,614 SF is conveniently located
along State Route 20 (SR-20) in Bristol, FL. Situated on approximately ±8.14
acres, the single-story facility was originally constructed in 1979. The currently vacant property’s prime location offers strategic access to neighboring Blountstown, FL; to interstate I-10; as well as Florida’s State Capitol located in Tallahassee, which is less than 50 miles directly east.

DEVELOPMENT OPPORTUNITY
With its location in Downtown Bristol, FL, the property lends itself to a variety of
different uses, including municipal or institutional uses, residential redevelopment, or light industrial redevelopment, among others. Nearby uses to the property include institutional/government use and a variety of retail and general commercial services.

Additional Details

Nearest MSA: Tallahassee
County: Liberty
Tax ID/APN: 031-1N-7W-01487 001
Zoning: STATE TIIT (008710)
Property Visibility: Good
Traffic/Vehicle Count: 4,600
Area Description: The property is located in downtown Bristol, FL, which is situated along the banks of the Apalachicola River and serves as the county seat of Liberty County in the heart of the Florida Panhandle. Highly trafficked SR-20 and SR-12 intersect in downtown Bristol, serving as the major access points to Tallahassee, Florida’s state capital, less than 50 miles east; and Interstate I-10 to the north.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1979
Zoning Description: STATE TIIT (008710)

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 847 5,347
Median Age: 38.8 39.19
Households: 318 1,400

Contact

Photograph of Listing Agent

Thomas D. Watson

CBRE, Inc. Gulf Coast CMLS Member
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