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    8717 Sr 100 Lulu, FL 32061

    For Sale
    $204,900

    Florida Retail Building - High Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail property, located at 8717 SE SR 100 in Lulu, Florida (zip code 32061), presents a unique investment opportunity. Priced at $204,900, this completely renovated building sits on a substantial 23,478.84 square foot lot and offers a versatile space suitable for a variety of commercial uses. Originally constructed in 1958, the building boasts a charming large front porch with brick pavers and convenient sidewalks leading to outdoor restrooms. An outdoor barbecue pit with a concrete slab provides ample space for outdoor activities. The interior features a lower-level register area equipped with functional coolers and a merchandise display area. Upstairs, a large open area offers endless possibilities, complemented by a full bathroom, a spacious galley-style kitchen, and multiple storage closets, including a laundry closet. The property's strategic location on SR 100 ensures high visibility, with a daily traffic count of 4,400 vehicles according to the Department of Transportation, eliminating the need for expensive advertising. This property is ready for immediate occupancy and offers a blend of historical charm and modern functionality, making it an ideal investment for discerning buyers. The expansive lot, encompassing seven individual lots, provides significant room for expansion or outdoor amenities. This is a rare opportunity to acquire a well-maintained, high-traffic retail space in a desirable Florida location.

    Property Features for 8717 Sr 100

    General Information

    Property type
    Retail properties

    HighLights

    • Asking Price: $204,900
    • Property Type: Retail, 0 Stories, 23,478.84 sq ft lot
    • Located at 8717 SE SR 100, Lulu, FL 32061, on a high‑traffic road (4400 daily vehicles per DOT)
    • Recently renovated, offering versatile use as a business, home, or office space. Features include a large front porch, outdoor restrooms, barbecue pit, coolers, and a full kitchen.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lulu
    County
    Columbia
    State
    Florida
    Longitude
    -82.4914487
    Latitude
    30.1083764

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    FAQs

    What type of property is this?
    Retail property - Florida Retail Building - High Traffic Location
    Where is this retail property located?
    The property is located at 8717 Sr 100 Lulu, FL.
    What is the asking price?
    The asking price for this property is $204,900.
    What are key features of this property?
    This property features: Asking Price: $204,900; Property Type: Retail, 0 Stories, 23,478.84 sq ft lot; Located at 8717 SE SR 100, Lulu, FL 32061, on a high-traffic road (4400 daily vehicles per DOT)
    Request Owner's contact information
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    Lulu, FL 32061
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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
    8717 Sr 100 Lulu, FL 32061
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