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    542518 Us-1 Callahan, FL 32011

    For Sale
    $350,000

    2.25 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.25-acre commercial land parcel presents a compelling investment opportunity in Callahan, Florida. Strategically located at the highly visible intersection of US Highway 1 and Dr. M. L. K. Jr. Avenue, this property boasts exceptional daily traffic counts exceeding 18,369 vehicles. Its prime location within a thriving retail corridor ensures high visibility and accessibility. The property is zoned for Commercial Intensive use, offering a wide range of development possibilities. Nearby, a new 60,000-square-foot Hagan Ace Hardware flagship store is under construction, further solidifying the area's growth and attracting significant consumer traffic. Callahan itself is a rapidly expanding market situated northwest of Jacksonville, benefiting from its location at the intersection of major roadways including US Highway 1, SR 200, and A1A. The town recently received a substantial $3,371,000 state grant for crucial infrastructure improvements, including a new water treatment facility and wastewater upgrades, signaling continued investment and growth within the community. This property's ideal location and the town's positive development trajectory make it an exceptional opportunity for commercial development. The asking price for this remarkable 2.25-acre parcel is $350,000. The address is 542518 US-1, Callahan, FL 32011.

    Property Features for 542518 Us-1

    General Information

    Property type
    Land
    Lot Size
    98,010 SF

    HighLights

    • 2.25‑acre commercial land parcel in Callahan, FL.
    • High‑traffic location at US Highway 1 and Dr. M. L. K. Jr. Avenue (18,369+ VPD).
    • Commercial Intensive zoning allows diverse development options.
    • Near new 60,000 sq ft Hagan Ace Hardware store.
    • $350,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Callahan
    County
    Nassau
    State
    Florida
    Longitude
    -81.833574
    Latitude
    30.568092

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    FAQs

    What type of property is this?
    Land - 2.25 Acres, High-Traffic Location
    Where is this land located?
    The property is located at 542518 Us-1 Callahan, FL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 2.25-acre commercial land parcel in Callahan, FL.; High-traffic location at US Highway 1 and Dr. M. L. K. Jr. Avenue (18,369+ VPD).; Commercial Intensive zoning allows diverse development options.
    (904) 302-6930
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    542518 Us-1 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
    542518 Us-1 Callahan, FL 32011
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