Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Prime Redevelopment Opportunity in Yulee Title is generated by Realmo AI

    8507857 Us Hwy 17, Yulee, FL 32097

    View on Map
    Claim this Listing
    For Sale
    $2,200,000

    2.34-acre site in Wildlight Growth Corridor, ideal for redevelopment.

    Type:Land
    Lot size:
    2.34 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 1 at 11:53 am

    Property Features for 8507857 Us Hwy 17

    General Information

    Standard status
    Active
    Lot size
    2.34 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Giovanny Castano
    Giovanny Castano

    Listing agent Giovanny Castano License #FL #SL3549515

    Listing office Franklin Street Tampa

    Listing date Apr 1, 2026

    Source Franklinst

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

    All listing content including descriptions, pricing, images are the copyrighted material of Franklin Street Tampa

    HighLights

    • Prime redevelopment opportunity in Yulee's Wildlight Growth Corridor.
    • High traffic exposure: 45,000 VPD on US‑17.
    • Commercial Intensive (CI) zoning allows for various uses (drive‑thru, medical, retail).
    • Located at a signalized corner on US‑17 with excellent visibility.
    • Public utilities (water and sewer) available.
    • Close proximity to I‑95 (0.7 miles).

    Overview

    This approximately 2.34-acre site presents a prime redevelopment opportunity at a signalized corner on US-17, situated within Yulee’s rapidly expanding Wildlight Growth Corridor. The property benefits from Commercial Intensive (CI) zoning and access to public water and sewer utilities. With exposure to approximately 45,000 vehicles per day (VPD) and located just 0.7 miles from I-95, the site offers excellent visibility. The surrounding area includes over 3,200 new homes, schools, and the Wildlight Town Center, which features a mixed office-retail development. This location is suitable for various uses, including drive-thru establishments, medical facilities, convenience stores, or retail pad developments. The site's strong demographics and fast-growing trade area contribute to its status as one of Nassau County’s premier infill locations. The property is accessible via a signalized intersection at Sowell Rd & US-17 and is located 14 miles from JAX Airport. The traffic count on I-95 is approximately 131,000 AADT.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Yulee
    County
    Nassau
    State
    Florida
    Longitude
    -81.641561
    Latitude
    30.671596

    Nearby Similar for Sale

    • $999,999

      Yulee Land Parcel For Sale

      7.45 acre commercial/industrial land in Yulee, Florida.
      850343 US HIGHWAY 17, UNDETERMINED-NASSAU, FL 32097
      View Details
    • $400,000

      Prime Corner Lot in Yulee

      6+ acre corner lot on US Highway in developing area.
      US HIGHWAY 17, Yulee, FL 32097
      View Details
    • $999,999

      Versatile Land in Yulee, FL

      7.45 acres in Yulee, zoned for multi-purpose commercial and industrial.
      850343 US HWY 17, YULEE, FL 32097
      View Details
    • $125,000

      Waterfront Homesite in Waterman's Bluff

      Homesite in a waterfront community with deepwater access.
      29155 GRANDVIEW Manor, Yulee, FL 32097
      View Details
    • $500,000

      Land in Growing Yulee Area

      Two acres of land with frontage on A1A in Yulee.
      STATE ROAD 200, Yulee, FL 32097
      View Details
    • $1,200,000
      1,296 SF

      SR 200 Business location with acreage

      463509 Fl-200, Yulee, FL 32097
      View Details
    • $265,000

      Marsh Front Homesite Opportunity

      Homesite in gated waterfront community with coastal experience.
      28832 GRANDVIEW Manor, Yulee, FL 32097
      View Details
    • $122,900

      Waterfront Homesite in Gated Community

      Interior homesite in Yulee's gated waterfront community, build your dream home.
      28857 GRANDVIEW Manor, Yulee, FL 32097
      View Details
    • $340,000

      Cleared Land with River Views

      0.37-acre cleared land with Bells River views in Yulee, FL.
      28676 GRANDVIEW Manor, Yulee, FL 32097
      View Details
    • $200,000

      Marsh-Front Homesite in Yulee, FL

      Rare marsh-front homesite to create a custom retreat.
      1293 CLAXTON Road, Yulee, FL 32097
      View Details
    • $165,000

      Waterfront Land in Waterman's Bluff

      Lakefront homesite with deepwater access near Fernandina Beach.
      28442 VIEUX CARRE, Yulee, FL 32097
      View Details
    • $140,000

      Waterfront Homesite in Waterman's Bluff

      Lakefront homesite with deepwater access near Fernandina Beach.
      28494 VIEUX CARRE, Yulee, FL 32097
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.34-acre site in Wildlight Growth Corridor, ideal for redevelopment.
    Where is this commercial land located?
    The property is located at 8507857 Us Hwy 17 Yulee, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: Prime redevelopment opportunity in Yulee's Wildlight Growth Corridor.; High traffic exposure: **45,000 VPD on US‑17**.; Commercial Intensive (CI) zoning allows for various uses (drive‑thru, medical, retail).
    (347) 679-1651
    We can help!
    Listing Contact
    Giovanny Castano
    Giovanny Castano
    Real Estate License ID: FL #SL3549515
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8507857 Us Hwy 17, Yulee, FL 32097
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!