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    541 Hwy Satsuma, FL 32187

    For Sale
    $329,000

    Highway 17 Corner Lot - 3.21 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 3.21-acre commercial property boasts an unparalleled location on the highly trafficked four-lane Highway 17 in Satsuma, Florida. The expansive lot offers approximately 417 feet of direct frontage on this major thoroughfare, ensuring maximum visibility and accessibility for any business. Its oversized corner lot configuration provides ample space for development and significant branding opportunities. The property is zoned C-1, allowing for a diverse range of commercial uses, including but not limited to retail sales (general and food), service businesses, offices, child and adult day care centers, clubs, essential public services, cultural and religious facilities, and drive-through establishments such as gas stations and convenience stores. The strategic location within a growing area promises strong potential for return on investment. The availability of water and sewer hookups simplifies the development process, reducing upfront costs and expediting the timeline for occupancy. This is a rare opportunity to acquire a highly visible and versatile commercial property in a thriving location. The expansive lot size and flexible zoning make it ideal for a variety of commercial ventures, ensuring a strong foundation for future success. Don't miss this chance to secure a prime piece of commercial real estate in Satsuma, Florida. The asking price is $329,000.

    Property Features for 541 Hwy

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Satsuma
    County
    Putnam County
    State
    Florida
    Longitude
    -81.58463
    Latitude
    29.60771

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    FAQs

    What type of property is this?
    Commercial real estate - Highway 17 Corner Lot - 3.21 Acres
    Where is this commercial real estate located?
    The property is located at 541 Hwy Satsuma, FL.
    What is the asking price?
    The asking price for this property is $329,000.
    (386) 313-5773
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    541 Hwy Satsuma, FL 32187
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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
    541 Hwy Satsuma, FL 32187
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