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    130 NE Clyde Avenue Mayo, FL 32066

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    Claim this Listing
    For Sale
    $860,000

    SINGLE_FAMILY - Mayo, FL

    Type:Office
    Property size:
    2,623 SF
    Lot size:
    1.46 Acres
    Added:
    Sep 8, 2025
    Days on Market:
    223
    Last Refresh:
    Apr 18 at 11:06 pm

    Property Features for 130 NE Clyde Avenue

    General Information

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

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    LEG 0001.46 ACRES BLK. 54 ORIGINAL TOWN OF MAYO PB A P. 3 PUBLIC RECORDS LAFAYETTE CO. FL. OR BK 65 P. 592; OR BK 88 746. ALSO: BEG. AT SE COR. OF BLK. 54 ORIGINAL TOWN OF MAYO; TH. E. 105 FT.; TH. N. 200 FT.; TH. W. 105 FT. TO NE COR. OF BLK. 54; TH. S. ALONG E. BDY. LINE OF SAID BLK. 54 200 FT. TO CLOSE ON P.O.B. OR BK 62 P. 95-96; OR BK 74 P. 167; OR BK 88 P. 746; OR BK 123 P. 447-449 458-460; OR BK 151 P. 305-307; OR BK 230 P. 168-169; OR BK 258 P 1-2.
    Tax Annual Amount
    12380

    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
    Carpet, Tile
    Building materials
    Brick
    Roof type
    Shingle, Asphalt

    We can help!

    Listing Contact
    Kevin Cunningham

    Listing agent Kevin Cunningham License #655978

    Listing office RE/MAX Realty One 2421 N Lecanto Highway, Crystal River, FL

    Listing date Sep 8, 2025

    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.

    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 the growing North Central Region of Florida. Located halfway between Gainesville and Tallahassee in Mayo, the county seat of Lafayette County, the property benefits from its location in a region known as the "Gateway to Growth," which actively fosters economic development. The property's zoning and location near the heart of Mayo make it suitable for a range of business possibilities. Entrepreneurs could consider 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 zoned CG. 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.
    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

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    FAQs

    What type of property is this?
    Office units - 1.46-acre property suitable for various commercial ventures in Mayo, FL.
    Where is this office units located?
    The property is located at 130 NE Clyde Avenue 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: Strategic location halfway between Gainesville and Tallahassee in Mayo, the county seat of Lafayette County.; Large 1.46‑acre lot with a 2,623 square foot building suitable for various commercial ventures.; Located in the 'Gateway to Growth' region of North Central Florida with a supportive environment for economic development.
    (352) 422-7547
    We can help!
    Listing Contact
    Kevin Cunningham
    Real Estate License ID: 655978
    Learn More
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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
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