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    5464 George Hodges Rd Macclenny, FL 32063

    For Sale
    $1,936,000

    High-yield apartment complex, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a 1983-built apartment building/duplex/triplex/quadruplex situated on a substantial 745,311.6 square foot lot in Macclenny, Florida. Located at 5464 GEORGE HODGES Road, zip code 32063, this property boasts significant visibility and accessibility due to its approximately 1075 feet of frontage along Interstate 10. The land is largely cleared and conveniently situated near existing city water and sewer lines, simplifying development. The property's current configuration includes a home that is currently occupied, and an existing advertising sign generating monthly income. This presents a unique opportunity for various commercial ventures, including the development of multifamily townhomes or apartments, or even a car dealership. The asking price for this remarkable property is $1,936,000. Prospective buyers are responsible for conducting their own due diligence. This property is listed on multiple sites. The property's location offers excellent visibility from I-10, enhancing its commercial potential. The existing infrastructure and cleared land significantly reduce development hurdles. The current income stream from the advertising sign adds immediate value to the investment.

    Property Features for 5464 George Hodges Rd

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1983

    HighLights

    • $1,936,000 asking price.
    • Multifamily apartment building, duplex/triplex/quadruplex property type.
    • Built in 1983.
    • 745,311.6 sq ft lot size.
    • Located at 5464 GEORGE HODGES Road, Macclenny, FL 32063.
    • Excellent I‑10 visibility with approximately 1075' of frontage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Donnie's Nursery Inc Wholesaler

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Macclenny
    County
    Baker
    State
    Florida
    Longitude
    -82.128638
    Latitude
    30.260556

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      Macclenny Commercial Land For Sale

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    FAQs

    What type of property is this?
    Multifamily property - High-yield apartment complex, prime location.
    Where is this multifamily property located?
    The property is located at 5464 George Hodges Rd Macclenny, FL.
    What is the asking price?
    The asking price for this property is $1,936,000.
    What are key features of this property?
    This property features: $1,936,000 asking price.; Multifamily apartment building, duplex/triplex/quadruplex property type.; Built in 1983.
    Request Owner's contact information
    5464 George Hodges Rd Macclenny, FL 32063
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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
    5464 George Hodges Rd Macclenny, FL 32063
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