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Property profile & analytics
OFF-MARKET
Commercial land

8778 State Rd 21 Melrose, FL 32666-8809

0.34 ac lot
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-5195630
Property summary
AI-generated overview

This exceptional 0.34-acre commercial parcel is ideally situated in Melrose, Florida, at 8778 State Road 21. Boasting 100 feet of frontage on State Road 21, just north of the intersection of SR 26 and SR 21, this property offers unparalleled visibility and high traffic exposure. The BA (Neighborhood Business) zoning allows for a variety of commercial uses, making it perfect for retail, office, or service-based businesses seeking to capitalize on the area's growth. This strategic location within a thriving commercial corridor ensures significant potential for attracting customers and building a successful enterprise. The property's prominent position guarantees excellent visibility to the high volume of traffic on SR 21, providing an exceptional opportunity to establish a strong presence in the local community. This is a rare chance to acquire a well-positioned commercial lot in a rapidly developing area of Clay County. Don't miss this opportunity to secure your place in one of Florida's most promising commercial markets. The asking price is $85,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.34 ac (15,000 SF)
Zoning code BA
APN 07-09-23-005516-000-00
UPID US18-5195630
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Charles Webster · 4 yrs held
Charles Webster
since 2021
Last sale
$33,000
2 recorded transactions
2021
$33,000
2005
$38,000
Zoning & alternative use
BA · Melrose, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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