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    553519 Us Highway 1 Hilliard, FL 32046

    Sponsored
    For Sale
    $459,900

    Prime Hilliard commercial land, 3.08 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.08-acre commercial land parcel, located at 553519 US Highway 1 in Hilliard, Florida (zip code 32046), presents a unique investment opportunity. The property boasts a substantial lot size of 134,600.4 square feet and is zoned CG. The current zoning allows for a variety of commercial uses. The previous owner initiated the rezoning process and has already completed preliminary work towards townhome/apartment development, with supporting engineering documentation available. This documentation details work already undertaken on the site. While the property offers significant potential for diverse commercial ventures, it's important to note that it lacks city water access. Therefore, any future development or business operation will require the installation of a well and septic system. This prime location in Nassau County, Florida, offers excellent visibility and accessibility, making it an ideal site for various commercial projects. The asking price for this exceptional property is $459,900. Detailed engineering documentation is available upon request. This is a rare opportunity to acquire a large, well-situated commercial parcel in a growing area.

    Property Features for 553519 Us Highway 1

    General Information

    Property type
    Land

    HighLights

    • $459,900 asking price.
    • 134,600.4 square foot land parcel.
    • Located at 553519 US Highway 1, Hilliard, FL 32046.
    • Commercial land zoned CG, suitable for townhome/apartment development (preliminary work completed).
    • Requires well and septic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Garden Center Senior Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Hilliard
    County
    Nassau
    State
    Florida
    Longitude
    -81.9489855
    Latitude
    30.7347981

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime Hilliard commercial land, 3.08 acres.
    Where is this land located?
    The property is located at 553519 Us Highway 1 Hilliard, FL.
    What is the asking price?
    The asking price for this property is $459,900.
    What are key features of this property?
    This property features: $459,900 asking price.; 134,600.4 square foot land parcel.; Located at 553519 US Highway 1, Hilliard, FL 32046.
    Request Owner's contact information
    553519 Us Highway 1 Hilliard, FL 32046
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    Hilliard, FL 32046
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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
    553519 Us Highway 1 Hilliard, FL 32046
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