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    130 NE Clyde Ave Mayo, FL 32066

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    Sponsored
    For Sale
    $860,000

    SINGLE_FAMILY - Mayo, FL

    Type:Office
    Property size:
    2,623 SF
    Lot size:
    1.46 Acres
    Days on Market:
    27
    Last Refresh:
    Mar 10 at 9:06 am

    Property Features for 130 NE Clyde Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    CG
    APN
    13-05-11-0011-0540-00010
    Parking features
    Driveway
    Interior features
    HighCeilings, SolidSurfaceCounters
    Exterior features
    BlacktopDriveway
    Size
    2,623 SF
    Lot size
    1.46 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2019
    Floors in Building
    1
    Flooring type
    Tile, Carpet
    Building materials
    Brick
    Roof type
    Asphalt, Shingle

    We can help!

    Listing Contact
    Kevin Cunningham

    RE/MAX Realty One (352) 795-2441

    Listing agent Kevin Cunningham (352) 527-7842 License #655978

    Listing date Feb 11, 2026

    MLS# 847982

    Copyright © 2026 REALTORS Association of Citrus County, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Property in Growing Region

    This property offers a 2,623 square foot building on a 1.46-acre lot, presenting opportunities for business ventures in a growing region of North Central Florida. Situated in Mayo, the county seat of Lafayette County, the location is known as the "Gateway to Growth" and is actively fostering economic development. The property's zoning and location near the heart of Mayo make it suitable for a wide range of business possibilities. Entrepreneurs could consider a variety of service-oriented businesses, such as a specialty retail store, a professional office, a catering business, or a skilled trade service. Its proximity to other businesses in the Mayo area, as well as its presence in a region with a strong agricultural and tourism-based economy, suggests potential for a business that serves either the local community or visitors. The property is located halfway between Gainesville and Tallahassee. Prospective buyers are encouraged to consult with Lafayette County's Building and Zoning departments to explore specific land-use regulations and permitting requirements, ensuring their business vision aligns with local codes. The zoning is CG. This property is located in Mayo, FL 32066.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mayo
    County
    Lafayette
    State
    Florida
    Longitude
    -83.172347
    Latitude
    30.053414

    Nearby Similar for Sale

    • $400,000
      0.61 Acres

      Prime Mayo Auto Shop Investment

      Thriving Downtown Mayo Business for Sale
      305 Main St, Mayo, FL 32066
      View Details

    FAQs

    What type of property is this?
    Office units - 1.46 acre property suitable for various commercial ventures.
    Where is this office units located?
    The property is located at 130 NE Clyde Ave Mayo, FL.
    What is the asking price?
    The asking price for this property is $860,000.
    What are key features of this property?
    This property features: - 1.46-acre lot with a **2,623 sq ft building suitable for diverse commercial ventures.**; - Strategic location in Mayo, Lafayette County, the "Gateway to Growth" between Gainesville and Tallahassee.; - Built in 2019, featuring modern amenities such as central heating and air conditioning.
    (352) 422-7547
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    130 NE Clyde Ave Mayo, FL 32066
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    Mayo, FL 32066
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    130 NE Clyde Ave Mayo, FL 32066
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    We can help!
    Listing Contact
    Kevin Cunningham
    Real Estate License ID: 655978
    (352) 422-7547 (352) 527-7842 (352) 519-1429
    Learn more
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