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    101 Pettit Rd Crescent City, FL 32112

    Sponsored
    For Sale
    Contact for pricing

    6.77 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6.77-acre commercial land parcel presents a remarkable opportunity for development in the thriving Crescent City, Florida market. Located at 101 Pettit Rd, 32112, this property boasts a convenient location just north of Highway 17, offering excellent visibility and accessibility. Zoned for Light Commercial (C-2), the site is ideally suited for a variety of uses, including gas stations, fast-food restaurants, retail establishments, or hospitality ventures. Preliminary plans suggest the site can accommodate a 1,250-square-foot building and up to 50 parking spaces, ensuring ample room for customers and employees. The property's strategic location near established businesses like Dollar General, FarmHouse Bar & Grill, and the US Post Office, coupled with its proximity to the Lake Como community and Crescent City Jr.-Sr. High School, guarantees a strong customer base and a vibrant surrounding environment. Parcel number 03-12-27-0000-0050-0180. This is a turnkey opportunity for investors seeking a prime commercial development site in a rapidly growing area of Central Florida. Don't miss this chance to capitalize on the potential of this exceptional property.

    Property Features for 101 Pettit Rd

    General Information

    Property type
    Land
    Lot Size
    294,901 SF

    HighLights

    • 6.77‑acre commercial land parcel in Crescent City, FL, ideally located just north of Highway 17.
    • C‑2 zoning allows for various uses including gas stations, fast food, retail, and hospitality.
    • Development‑ready site with preliminary plans for a 1,250 sq ft building and 50 parking spaces.
    • Strong location near established businesses and residential areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Spa & Massage Hair Salon Auto Repair Shop Nail Salon Department Store Bar & Pub Discount Store Convenience Store Pawn Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Crescent City
    County
    Putnam
    State
    Florida
    Longitude
    -81.564837925404
    Latitude
    29.485180907585

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    FAQs

    What type of property is this?
    Land - 6.77 Acres, Prime Development Site
    Where is this land located?
    The property is located at 101 Pettit Rd Crescent City, FL.
    What are key features of this property?
    This property features: 6.77-acre commercial land parcel in Crescent City, FL, ideally located just north of Highway 17.; C-2 zoning allows for various uses including gas stations, fast food, retail, and hospitality.; Development-ready site with preliminary plans for a 1,250 sq ft building and 50 parking spaces.
    Request Owner's contact information
    101 Pettit Rd Crescent City, FL 32112
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    Crescent City, FL 32112
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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
    101 Pettit Rd Crescent City, FL 32112
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