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    229 Co Rd Sanderson, FL 32040

    For Sale
    $1,635,000

    48 Acres, I-10 Frontage, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 48-acre commercial land parcel presents a unique investment opportunity in Sanderson, Florida. Strategically located at the northeast quadrant of I-10 and County Road 229, this property boasts approximately 2,600 feet of I-10 frontage and 800 feet of CR-229 frontage. The site is zoned CH (Commercial Highway) and is in excellent condition, ready for immediate development. Preliminary engineering drawings are complete, including conceptual plans for road access, drainage, and retention for the 37 acres of usable uplands. The property's size allows for the construction of approximately 350,000 square feet of improvements. Ideal uses include a truck stop, transportation facility, hotel, motel, RV park, restaurant, and/or convenience store with fast food. The asking price has been significantly reduced to $1,635,000, representing a compelling value at $34,062 per acre. This prime location and development-ready status make this an exceptional opportunity for significant return on investment. Don't miss this chance to acquire a substantial commercial property with high visibility and immense potential.

    Property Features for 229 Co Rd

    General Information

    Property type
    Land
    Lot Size
    2,090,880 SF

    HighLights

    • 48‑acre commercial land parcel in Sanderson, FL, ideally suited for immediate development.
    • Exceptional location at the northeast quadrant of I‑10 and CR 229, offering 2,600 ft of I‑10 frontage and 800 ft of CR‑229 frontage.
    • CH (Commercial Highway) zoning.
    • Preliminary engineering complete, including road access, drainage, and retention plans for 37 acres of usable uplands.
    • Allows for approximately 350,000 sq ft of improvements.
    • Suitable for various uses including truck stop, transportation facility, hotel/motel, RV park, restaurant, and convenience store.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sanderson
    County
    Baker
    State
    Florida
    Longitude
    -82.26089168024
    Latitude
    30.241131607343

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    FAQs

    What type of property is this?
    Land - 48 Acres, I-10 Frontage, Development Ready
    Where is this land located?
    The property is located at 229 Co Rd Sanderson, FL.
    What is the asking price?
    The asking price for this property is $1,635,000.
    What are key features of this property?
    This property features: 48-acre commercial land parcel in Sanderson, FL, ideally suited for immediate development.; Exceptional location at the northeast quadrant of I-10 and CR 229, offering 2,600 ft of I-10 frontage and 800 ft of CR-229 frontage.; CH (Commercial Highway) zoning.
    (904) 382-3274
    Request Owner's contact information
    229 Co Rd Sanderson, FL 32040
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    Sanderson, FL 32040
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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
    229 Co Rd Sanderson, FL 32040
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