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    1551 State Road 100 Melrose, FL 32666

    For Sale
    $140,000

    COMMERCIAL - Melrose, FL

    Lot size:
    2.97 Acres
    Days on Market:
    72
    Last Refresh:
    Dec 14 at 9:06 am

    Property Features for 1551 State Road 100

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    12-09-23-0000-0121-0390
    Fencing
    Fenced
    Lot size
    2.97 Acres

    Utilities

    Utilities
    Water Available

    Explore Realty Inc (904) 509-2947 [email protected]

    Listing agent TERESA ROBERTSON (352) 888-0290

    Listing date Oct 4, 2025

    Copyright © 2025 Northeast Florida Multiple Listing Service, 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/Residential Land on State Road

    This 2.97-acre property presents a commercial and residential development opportunity. Zoned for both commercial and residential use, the land is located directly on State Road 100, offering visibility and high traffic exposure. The cleared lot is fully fenced with a gated entry and includes a culvert for easy access. Situated in a strategic location, the property allows convenient commutes to Gainesville, Palatka, and Keystone Heights. The property is zoned commercial with a residential development zone, making it suitable for a variety of business ventures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Putnam
    State
    Florida
    Longitude
    -81.953396
    Latitude
    29.727133

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    FAQs

    What type of property is this?
    Commercial land - 2.97 acres on State Road 100, zoned commercial/residential.
    Where is this commercial land located?
    The property is located at 1551 State Road 100 Melrose, FL.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - 2.97 Acres zoned for both Commercial and Residential use.; - Located directly on busy State Road 100 with **high visibility and traffic exposure**.; - Fully fenced perimeter and gated entry.
    (352) 888-0290
    Request Owner's contact information
    1551 State Road 100 Melrose, FL 32666
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    Melrose, FL 32666
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    Realmo Value Estimation

    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.

    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.

    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
    1551 State Road 100 Melrose, FL 32666
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