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    8782 State Road 21 Melrose, FL 32666

    For Sale
    $640,000

    3,640 SF warehouse-style property in Melrose, Florida. Built in 1990.

    Lot size:
    0.34 Acres

    Property Features for 8782 State Road 21

    General Information

    Lot size
    0.34 Acres

    Building Details

    Year built
    1990

    Source: HELEN HERSEY REALTY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Warehouse-Style Property in Melrose

    Located in Melrose, Florida, this warehouse-style property offers 3,640 square feet of metal building space. Constructed in 1990, the single-story, steel-framed structure presents a utilitarian design. The unfinished interior walls allow for customization into a creative studio, storage hub, market venue, or workshop. This property is suited for entrepreneurs, collectors, artisans, and investors interested in vintage potential within a growing area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    Krimp's Mini Storage

    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Putnam
    State
    Florida
    Longitude
    -82.0464056
    Latitude
    29.722043

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    FAQs

    What type of property is this?
    Warehouse - 3,640 SF warehouse-style property in Melrose, Florida. Built in 1990.
    Where is this warehouse located?
    The property is located at 8782 State Road 21 Melrose, FL.
    What is the asking price?
    The asking price for this property is $640,000.
    What are key features of this property?
    This property features: - Large 3,640 sq ft metal building space; - Versatile warehouse-style property suitable for various uses like studio, storage, market, or workshop; - Solidly constructed steel-framed structure
    Request Owner's contact information
    8782 State Road 21 Melrose, FL 32666
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    Melrose, FL 32666
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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
    8782 State Road 21 Melrose, FL 32666
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