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    Us Highway 1 Oak Hill, FL 32759

    For Sale
    $89,900

    Prime Oak Hill, FL Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial land parcel, located at 0 US Hwy 1 in Oak Hill, Florida, presents a compelling investment opportunity. Encompassing 49,658.4 square feet (approximately 1.14 acres), this property boasts significant frontage on US Highway 1, ensuring high visibility and accessibility. The site is comprised of three contiguous parcels (Parcel #'s 8531 0100 0010, 0020, 0030), offering flexibility for development. Its strategic location provides easy access to Interstate 95 (less than 10 minutes away) and the vibrant amenities of New Smyrna Beach, including shopping, dining, and beaches (15-20 minutes away). The property's current zoning allows for a multitude of commercial uses, capitalizing on the high traffic counts associated with its US Highway 1 location. This rapidly developing area presents a unique chance to establish a thriving commercial venture. The asking price for this remarkable opportunity is $89,900. This is a rare chance to acquire a well-positioned commercial property in a high-growth area of Florida. The substantial lot size and prime highway frontage make this an ideal location for a variety of commercial developments. Don't miss this chance to invest in a promising future.

    Property Features for 0 Us Highway 1

    General Information

    Property type
    Mixed-use properties

    HighLights

    • 1.14‑acre commercial land parcel in Oak Hill, FL, on US Highway 1, offering high visibility and accessibility.
    • Three contiguous parcels totaling 49,658.4 sq ft (Parcel #'s 8531 0100 0010, 0020, 0030).
    • Prime location with easy access to I‑95 (under 10 minutes) and New Smyrna Beach amenities (15‑20 minutes).
    • Flexible zoning allows for multiple commercial uses, capitalizing on high traffic counts.
    • $89,900 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oak Hill
    County
    Volusia
    State
    Florida
    Longitude
    -80.8875861
    Latitude
    28.8421576

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Oak Hill, FL Commercial Land
    Where is this mixed-use property located?
    The property is located at Us Highway 1 Oak Hill, FL.
    What is the asking price?
    The asking price for this property is $89,900.
    What are key features of this property?
    This property features: 1.14-acre commercial land parcel in Oak Hill, FL, on US Highway 1, offering high visibility and accessibility.; Three contiguous parcels totaling 49,658.4 sq ft (Parcel #'s 8531 0100 0010, 0020, 0030).; Prime location with easy access to I-95 (under 10 minutes) and New Smyrna Beach amenities (15-20 minutes).
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    Us Highway 1 Oak Hill, FL 32759
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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
    Us Highway 1 Oak Hill, FL 32759
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