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    5509 Hwy 231 Hwy Campbellton, FL 32426

    For Sale
    $299,000

    High-traffic location, vacant retail building.

    Property size:
    770 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 3.913-acre commercial property in Campbellton, Florida, is situated on US Highway 231, a major thoroughfare between Alabama and Florida's coast. Boasting 420 feet of frontage, this prime location offers exceptional visibility and accessibility. The property previously housed a successful gas station and convenience store, indicating strong potential for various retail ventures. The existing building comprises approximately 770 square feet, built in 1979. The large lot size of 174,240 square feet provides ample space for expansion or additional development. The property is currently vacant, offering a blank canvas for a new business. Environmental reports are available, and the owner is actively undertaking tank removal and environmental cleanup. This presents a unique opportunity for entrepreneurs seeking a high-traffic location with significant development potential. The asking price is $299,000. The property's zip code is 32426, and it's located in Jackson County. This is an ideal location for a variety of businesses, including but not limited to convenience stores, lottery sales, sports bars, equipment sales, or tobacco sales.

    Property Features for 5509 Hwy 231 Hwy

    General Information

    Property type
    Retail properties
    Square Feet
    770 SF

    Building Details

    Year Built
    1979

    HighLights

    • 3.91‑acre commercial lot in Campbellton, FL, on US Highway 231.
    • 420 feet of highway frontage provides excellent visibility and accessibility.
    • 770 SF building (1979 construction), previously a gas station/convenience store.
    • Large 174,240 SF lot allows for expansion or redevelopment.
    • Currently vacant, undergoing environmental cleanup (reports available); asking price: $299,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Campbellton
    County
    Jackson
    State
    Florida
    Longitude
    -85.3756249
    Latitude
    30.9739427

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, vacant retail building.
    Where is this retail property located?
    The property is located at 5509 Hwy 231 Hwy Campbellton, FL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 3.91-acre commercial lot in Campbellton, FL, on US Highway 231.; 420 feet of highway frontage provides excellent visibility and accessibility.; 770 SF building (1979 construction), previously a gas station/convenience store.
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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
    5509 Hwy 231 Hwy Campbellton, FL 32426
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