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    450537 State Road 200 Callahan, FL 32011

    For Sale
    $6,000,000

    High-traffic, multi-use commercial property.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 6.05-acre commercial property in Callahan, Florida, presents a unique investment opportunity. Located on State Road 200, it boasts high visibility and significant traffic flow, making it ideal for a variety of businesses. The property's history as a fully operational gas station underscores its prime location and established infrastructure. A dedicated office space is available, suitable for administrative tasks, retail operations, or generating rental income. Adding to its versatility, three residential homes are included on the site. These homes offer potential for additional rental income or provide convenient on-site housing for business owners or employees. The combination of commercial and residential structures creates multiple income streams and allows for flexible use or future redevelopment. This multifaceted property offers a rare chance to capitalize on the growth of Callahan, Florida. The property's size and location make it an attractive investment for entrepreneurs and developers seeking a high-impact commercial venture. Its existing structures provide immediate income potential, while the ample land allows for expansion or future development. This is a truly unique opportunity to acquire a substantial commercial property in a thriving area.

    Property Features for 450537 State Road 200

    General Information

    Property type
    Other commercial real estate
    Lot Size
    263,538 SF

    Building Details

    Year Built
    1985
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Dental Office Locksmith Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Callahan
    County
    Nassau
    State
    Florida
    Longitude
    -81.7983
    Latitude
    30.58656

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic, multi-use commercial property.
    Where is this commercial real estate located?
    The property is located at 450537 State Road 200 Callahan, FL.
    What is the asking price?
    The asking price for this property is $6,000,000.
    (904) 964-3948
    Request Owner's contact information
    450537 State Road 200 Callahan, FL 32011
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    Callahan, FL 32011
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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
    450537 State Road 200 Callahan, FL 32011
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