This exceptional .23-acre commercial land parcel, encompassing 10,018.8 square feet, presents a unique investment opportunity in the charming town of Georgetown, Florida. Located at 113 Forest Street, this property boasts a desirable R2 zoning, permitting the development of two-family residential units, including mobile homes. Its tranquil setting on a quiet country road offers a peaceful atmosphere while remaining conveniently close to a variety of amenities. Within minutes, residents and businesses can access a marina, restaurants, and numerous state and national parks. Everyday conveniences are also readily available, including a nearby Dollar General. For more extensive services, the nearby town of Crescent City offers professional and medical facilities. Outdoor enthusiasts will appreciate the proximity to Lake George, the St. Johns River, Crescent Lake, Pomona Park, Dunns Creek, Salt Springs, Silver Glen, and Juniper Springs. The property's strategic location provides easy access to the Atlantic beaches, major airports, and Daytona International Speedway, all within an hour's drive. Enjoy the vibrant local events scene, including Bike Week, Race Week, Jeep Week, Biketoberfest, art shows, music festivals, and fishing tournaments. Orlando is also conveniently located approximately 80 miles away. This versatile property offers significant potential for a variety of commercial ventures or residential development, making it an attractive investment in a rapidly growing area. The asking price is $14,599. The property is located in Putnam County, Florida, zip code 32139.
Property Features for 113 Forest St
General Information
Property type
Land
HighLights
10,018.8 sq ft commercial lot in Georgetown, FL.
R2 zoning allows for two‑family residential development, including mobile homes.
Located on a quiet country road, minutes from amenities including a marina, restaurants, and Dollar General.
Close proximity to Lake George, St. Johns River, and numerous parks; easy access to beaches, airports, and Daytona Speedway (within 1 hour).
Zoning and permitted uses should be independently verified with local authorities.
Location Insight
Map
Local Demand
City
Georgetown
County
Putnam
State
Florida
Longitude
-81.6187673
Latitude
29.3895081
FAQs
What type of property is this?
Land - Prime .23-acre commercial lot in Florida
Where is this land located?
The property is located at 113 Forest St Georgetown, FL.
What is the asking price?
The asking price for this property is $14,599.
What are key features of this property?
This property features: 10,018.8 sq ft commercial lot in Georgetown, FL.; R2 zoning allows for two-family residential development, including mobile homes.; Located on a quiet country road, minutes from amenities including a marina, restaurants, and Dollar General.
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113 Forest St Georgetown, FL 32139
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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
113 Forest St Georgetown, FL 32139
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113 Forest St, Georgetown, FL
Nichole Brosch
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113 Forest St, Georgetown, FL
Nichole Brosch
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113 Forest St, Georgetown, FL
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113 Forest St, Georgetown, FL
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to 113 Forest St Georgetown, FL 32139
113 Forest St, Georgetown, FL
Nichole Brosch
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