Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6283 Vanderbilt Keystone Heights, FL 32656

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Vacant Land - Keystone Heights, FL

    Lot size:
    1.08 Acres
    Added:
    Aug 6, 2024
    Days on Market:
    638
    Last Refresh:
    May 5 at 2:06 am

    Property Features for 6283 Vanderbilt

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    100
    Parking features
    Garage
    Standard status
    Active
    APN
    21-08-23-003212-000-00
    Lot size
    1.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Justis Smith
    Justis Smith

    Listing agent Justis Smith

    Listing office SOUTHLAND REALTY & MANAGEMENT CO 100 SE Nightingale Street, Keystone Heights, FL

    Listing date Aug 6, 2024

    MLS# 11329558 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Keystone Heights Vacant Land

    This is a cleared 1.084-acre lot that has been prepped. It is located 0.2 miles from CR 214 and 0.1 miles from a hard road, and is situated minutes from town and the Lake Geneva boat ramp. Downtown Gainesville is approximately 40 minutes away. The property is zoned for A-rated schools in Clay County, specifically Keystone Heights Elementary and Keystone Heights High School. The zoning is 100.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Auto Repair Shop Department Store HVAC Service Discount Store Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Keystone Heights
    County
    Clay
    State
    Florida
    Longitude
    -82.008305
    Latitude
    29.77663

    Nearby Similar for Sale

    • $389,900
      2,220 SF

      Keystone Heights Commercial Property For Sale

      Income-producing commercial property with multiple units and flexible uses.
      160 SW NIGHTINGALE Street, Keystone Heights, FL 32656
      View Details
    • $319,000

      Keystone Heights Land For Sale

      8.18 acres of land ideal for private estate.
      6656 COUNTY ROAD 315C, Keystone Heights, FL 32656
      View Details
    • $2,500,000
      2,700 SF

      Keystone Heights Commercial Opportunity

      Established liquor store and laundromat with real property for sale.
      7387 STATE ROAD 21, Keystone Heights, FL 32656
      View Details
    • $35,000

      Keystone Heights Land Parcel

      1.44 acre parcel ready for development near Keystone Heights.
      7577 CASA GRANDE Boulevard, Keystone Heights, FL 32656
      View Details
    • $38,900

      Keystone Heights 1.25-Acre Lot

      1.25-acre lot in Keystone Heights, build your dream home.
      7676 LOS PADRES Avenue, Keystone Heights, FL 32656
      View Details
    • $289,000

      Keystone Heights Vacant Commercial Land

      1.12 acre commercial land in Keystone Heights, Florida.
      COMMERCIAL Circle, Keystone Heights, FL 32656
      View Details
    • $28,000

      Residential Land in Keystone Heights

      0.35-acre lot, perfect for building your dream home.
      5851 HILLRIDGE ROAD, KEYSTONE HEIGHTS, FL 32656
      View Details
    • $26,000

      Keystone Heights Acreage for Development

      1.01-acre parcel suitable for mobile or site-built home.
      6713 HIGHLAND Drive, Keystone Heights, FL 32656
      View Details
    • $124,900

      Wooded 5-Acre Keystone Heights Lot

      Beautiful 5-acre wooded lot near Keystone Heights, Florida.
      4385 BONDARENKO ROAD, KEYSTONE HEIGHTS, FL 32656
      View Details
    • $15,000

      Keystone Heights Vacant Land

      Vacant lot in a growing area, ready for development.
      6040 FURMAN Avenue, Keystone Heights, FL 32656
      View Details
    • $10,000

      Keystone Heights Land For Sale

      0.34 acre commercial land available in Keystone Heights, Florida.
      6304 Drake Avenue, Keystone Heights, FL 32656
      View Details
    • $59,900

      Keystone Heights Corner Lot

      Corner lot suitable for a new home or mobile home.
      5570 COUNTY ROAD 214, Keystone Heights, FL 32656
      View Details

    FAQs

    What type of property is this?
    Land - 1.084 acre cleared lot near Lake Geneva boat ramp.
    Where is this land located?
    The property is located at 6283 Vanderbilt Keystone Heights, FL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 1.084 acre cleared lot ready for development.; Located minutes from town and Lake Geneva boat ramp.; Zoned for A Rated Schools in Clay County (Keystone Heights Elementary and Keystone Heights High School).
    (352) 258-4619
    We can help!
    Listing Contact
    Justis Smith
    Justis Smith
    Real Estate License ID: 3488489
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6283 Vanderbilt, Keystone Heights, FL 32656
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!