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    520 Hwy Eastpoint, FL 32328

    For Sale
    $59,900

    Prime .13-acre lot, high potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional .13-acre commercial lot, located at 520 Hwy 98 in Eastpoint, Florida, presents a unique investment opportunity. Its strategic location offers significant potential for a variety of commercial ventures, subject to obtaining the necessary permits. The property's relatively small size makes it ideal for smaller-scale businesses or as a potential expansion site for existing operations. The land is currently vacant, providing a blank canvas for development tailored to specific business needs. Its highway frontage ensures high visibility and accessibility, a crucial factor for attracting customers and clients. Furthermore, there is an adjoining property to the east that is also available, presenting the possibility of acquiring a larger footprint for a more extensive project. This presents a rare chance to secure a prime commercial location in Eastpoint, a growing area with increasing commercial activity. The asking price of $59,900 makes this an attractive proposition for investors seeking a foothold in the Florida commercial real estate market. Serious inquiries are encouraged to explore the possibilities this property offers. The property is identified by MLS # CV302438A.

    Property Features for 520 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,663 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Eastpoint
    County
    Franklin County
    State
    Florida
    Longitude
    -84.8686
    Latitude
    29.74233

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    FAQs

    What type of property is this?
    Commercial real estate - Prime .13-acre lot, high potential.
    Where is this commercial real estate located?
    The property is located at 520 Hwy Eastpoint, FL.
    What is the asking price?
    The asking price for this property is $59,900.
    (850) 567-3139
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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
    520 Hwy Eastpoint, FL 32328
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