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    850 N State Road 21 Melrose, FL 32666

    For Sale
    $155,000

    Land - MELROSE, FL

    Lot size:
    0.31 Acres
    Days on Market:
    76
    Last Refresh:
    Dec 7 at 5:21 pm

    Property Features for 850 N State Road 21

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-2
    APN
    18-09-23-0000-0871-0000
    Lot size
    0.31 Acres

    Building Details

    Architectural style
    Other

    CB Isaac Realty (352) 475-2199 [email protected]

    Listing agent Ronald Blake (352) 475-2199 License #652810

    Listing date Sep 23, 2025

    MLS# GC518232 Listing URL

    Copyright © 2025 Stellar 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

    Commercial Land in Melrose, Florida

    This 0.31-acre commercial land is located one block from the junction of SR 21 and SR 26 in Melrose. The site has 100 feet of frontage on SR 21, offering exposure to a traffic count of over 9,500 cars daily. Zoned C-2 commercial, the flat site is ready to build and offers city water. This location is suitable for starting a new retail or service business. The community is known for its many community events and art shows that increase foot traffic on the weekends.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Putnam
    State
    Florida
    Longitude
    -82.043907
    Latitude
    29.71145

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    FAQs

    What type of property is this?
    Commercial land - Commercial land in the heart of Melrose, ready to build.
    Where is this commercial land located?
    The property is located at 850 N State Road 21 Melrose, FL.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: - Prime Commercial Location: Heart of Melrose, just one block from the SR 21 & SR 26 junction.; - High Traffic Exposure: Benefit from 100 feet of SR 21 frontage, seeing over 9,500 cars daily.; - Zoned C-2 Commercial: Ready for your retail or service business development.
    (352) 475-2199
    Request Owner's contact information
    850 N State Road 21 Melrose, FL 32666
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    850 N State Road 21
    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
    850 N State Road 21 Melrose, FL 32666
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