Commercial Land with Existing
For Sale
$64,900
102 PARIS Street, Interlachen, FL 32148
Commercial Sale, Interlachen, FL
Property Size480 SF
Lot Size0.39 Acres
Price / SF$135.21
Days on Market38
Property Features for 102 PARIS Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Off Street
Subdivision
Metes & Bounds
Lot features
Cleared, Corner Lot
Directions
From Palatka, drive West on State Rd 20 towards Interlachen for 15-20 miles. Property is located off the left of State Rd 20.
Standard status
Active
APN
171024407400500010
Size
480 SF
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
897
Utilities
Utilities
Electricity Available
Building Details
Year built
1994
Listing Agency:
COLDWELL BANKER BEN BATES INC · Coldwell Banker Real Estate
(386) 328-6716
Listed By:
MATTHEW CLELLAN BARNES · License #3641985
(386) 937-4886
Added: Sep 2
Changed: Sep 29
Last Checked: Oct 9 at 4:06PM
MLS# 2165532
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land parcel includes a 480-square-foot building constructed in 1994. The existing improvement provides a foundation for renovation, replacement, or continued commercial use, while off-street parking supports on-site operations. Electricity is available to the property.
The 0.39-acre site is positioned directly off FL-20 in Interlachen, Florida, with access suited to customers, clients, and service vehicles. Its commercial zoning and existing structure create a range of possible redevelopment and occupancy approaches, subject to applicable approvals.
The 0.39-acre site is positioned directly off FL-20 in Interlachen, Florida, with access suited to customers, clients, and service vehicles. Its commercial zoning and existing structure create a range of possible redevelopment and occupancy approaches, subject to applicable approvals.
Key Highlights
- 0.39‑acre commercial land parcel
- 480‑square‑foot existing building
- Building constructed in 1994
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,837
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$96,740
$96.7K
Cap Rate 7%
$69,100
$69.1K
Cap Rate 9%
$53,744
$53.7K
Market Conditions
NOI Build-Up for 480 SF
Gross rent
$7.7K $15.96/SF
− Vacancy
−$751 −$1.56/SF
EGI
$6.9K $14.40/SF
− OpEx
−$2.1K −$4.32/SF
NOI
$4.8K $10.08/SF
Area
Putnam County, FL
Vacancy
9.80%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$96,740
Cap Rate 7%
$69,100
Cap Rate 9%
$53,744
Alternative Uses
Best Use
Retail
$69.1K
$60.5K – $80.6K
NOI $4,837 @ 7.0% cap · market cap 7.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$125.0K
$109.4K – $145.8K
NOI $8,750 @ 7.0% cap · market cap 13.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 32148, FL
10,979
Population
5,371
Households
2
Avg Household Size
45
Median Age
12%
College-Educated
78%
High-School Grad
78.1 sq mi
ZIP Area
141
Density / Sq Mi
$45,320
Median Household Income
$31,027
Median Earnings
$737
Median Rent
$87,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial-zoned property with an existing structure, off-street parking, and electricity available near FL-20.
Where is this commercial land located?
The property is located at 102 PARIS Street Interlachen, FL.
What is the asking price?
The asking price for this property is $64,900.
What are key features of this property?
This property features: 0.39‑acre commercial land parcel; 480‑square‑foot existing building; Building constructed in 1994
