Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land in Green Cove Springs Title is generated by Realmo AI

    GATOR BAY Road, Green Cove Springs, FL 32043

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at GATOR BAY Road, Green Cove Springs, FL
    For Sale
    $115,000

    LAND - Green Cove Springs, FL

    Lot size:
    0.51 Acres
    Added:
    Feb 26, 2026
    Days on Market:
    86
    Last Refresh:
    May 23 at 12:06 am

    Property Features for GATOR BAY Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    37062601572404503
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    824

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Water source
    Public

    We can help!

    Listing Contact
    Brooke Smith
    Brooke Smith

    Listing agent Brooke Smith License #3118949

    Listing office EXIT MAGNOLIA POINT REALTY 3616 MAGNOLIA POINT BOULEVARD, Green Cove Springs, FL

    Listing date Feb 26, 2026

    MLS# 2132069 Listing URL

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

    HighLights

    • Large lot, just under half an acre, offering ample space for a spacious home, pool, outdoor living, and additional storage.
    • Flexibility to build a custom home tailored to specific needs and preferences.
    • Convenient Green Cove Springs location, close to shopping, dining, schools, and major roadways for easy access to Jacksonville and surrounding areas.
    • Opportunity to invest in a growing area of Clay County.
    • Space for boat, RV, and other recreational vehicles.
    • Public water and cable availability.

    Overview

    This property, located in Green Cove Springs, Florida, is a homesite measuring just under half an acre. The lot offers space for a home, pool, outdoor living area, or additional storage. The location provides access to shopping, dining, and schools, with convenient access to major roadways for commuting to Jacksonville and surrounding areas. This property offers an opportunity to build or invest in a growing area of Clay County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Green Cove Springs
    County
    Clay
    State
    Florida
    Longitude
    -81.694666
    Latitude
    30.00574

    Nearby Similar for Sale

    • $690,000
      2,491 SF

      Green Cove Springs Office Suites

      Well-maintained office suites in a rapidly growing area.
      91 BRANSCOMB Road, Green Cove Springs, FL 32043
      View Details
    • $399,000

      Commercial Land in Green Cove

      Located in the heart of Green Cove Springs, Florida.
      706 N ORANGE Avenue, Green Cove Springs, FL 32043
      View Details
    • $684,000

      Green Cove Springs Land Opportunity

      Corner lot acreage near growing residential area. Utilities available soon.
      3725 COUNTY ROAD 315A, Green Cove Springs, FL 32043
      View Details
    • $650,000

      Prime Commercial Land in Florida

      Ideal location for restaurant, office, or retail in Green Cove Springs.
      208 N ORANGE Avenue N, Green Cove Springs, FL 32043
      View Details
    • $2,500,000

      Commercial Land in Green Cove

      2.2 Acres of commercial land with high visibility.
      1456 RUSSELL Road, Green Cove Springs, FL 32043
      View Details
    • $350,000

      Waterfront Property in Green Cove Springs

      1.72 acre waterfront property on the St Johns River.
      654 SE ORANGE Avenue, Green Cove Springs, FL 32043
      View Details
    • $120,000
      2,501 SF

      Green Cove Springs Retail Opportunity

      Retail property for sale in Green Cove Springs, Florida.
      1318 N ORANGE Avenue, Green Cove Springs, FL 32043
      View Details
    • $1,045,854

      Green Cove Springs Land Parcel

      18.68+/- acre parcel with development potential in Clay County.
      ROSEHILL Avenue, Green Cove Springs, FL 32043
      View Details
    • $320,000

      Land in Haller Airpark

      5-acre parcel with runway access in Haller Airpark.
      AIR PARK Loop W, Green Cove Springs, FL 32043
      View Details
    • $899,000

      Prime Land Near Boat Ramp

      Commercial land suitable for gas stations, car repair, and retail.
      2989 US HIGHWAY 17, Green Cove Springs, FL 32043
      View Details
    • $120,000
      2,501 SF

      Established Convenience Store Business Opportunity

      Profitable convenience store business for sale in a prime location.
      1318 N ORANGE Avenue, Green Cove Springs, FL 32043
      View Details
    • $295,500
      1,421 SF

      Professional Office Building For Sale

      Professional office building with eight rooms in Green Cove Springs.
      625 OAK Street, Green Cove Springs, FL 32043
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Homesite in growing Clay County area, near Jacksonville.
    Where is this residential land & home lot located?
    The property is located at GATOR BAY Road Green Cove Springs, FL.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: Large lot, just under half an acre, offering ample space for a spacious home, pool, outdoor living, and additional storage.; Flexibility to build a custom home tailored to specific needs and preferences.; Convenient Green Cove Springs location, close to shopping, dining, schools, and major roadways for easy access to Jacksonville and surrounding areas.
    (904) 376-5730
    We can help!
    Listing Contact
    Brooke Smith
    Brooke Smith
    Real Estate License ID: 3118949
    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
    GATOR BAY Road, Green Cove Springs, FL 32043
    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!