Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5155 County Road 218 Middleburg, FL 32068

    Sponsored
    For Sale
    $499,000

    Prime 10-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    402
    This exceptional 10-acre commercial property presents a remarkable development opportunity in Middleburg, Florida. Located on County Road 218, this site boasts significant road frontage, ensuring high visibility and accessibility. The property is zoned BB-4, allowing for a wide range of commercial and industrial uses. Permitted uses include, but are not limited to: automobile body shops, tire sales and service, wholesale sales and storage, commercial parking lots, boat and motor sales, lawnmower and outboard sales and service, feed and hay sales, fertilizer stores, well-drilling services, flea markets (under specific conditions), wholesale bakeries, lumber yards, building material sales, wholesale businesses and warehouses, various custom work shops (electrical, plumbing, sheet metal, HVAC), pest control services, assembly and fabrication, landscaping, and wholesale plant nurseries. While the total acreage is 10 acres, approximately 3.5 acres are comprised of wetlands. A wetlands delineation will be performed by WGI upon acceptance of an offer, clarifying the 6.5 acres of buildable land. This property's strategic location and versatile zoning make it an attractive investment for developers seeking a high-impact commercial venture in a growing area. The asking price for this exceptional opportunity is $499,000. The property is seller-owned. The address is 5155 Co Rd 218, Middleburg, FL 32068.

    Property Features for 5155 County Road 218

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • High‑visibility location with frontage on County Road 218.
    • Commercial zoning designated BB‑4, Heavy Business District.
    • 10‑acre commercial parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Wholesale Shop Bar & Pub Grocery Store Food Market HVAC Service Discount Store Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Middleburg
    County
    Clay
    State
    Florida
    Longitude
    -81.9486809
    Latitude
    30.091047

    Nearby Similar for Sale

    • $775,000
      4.80 Acres

      Waterfront Land in Middleburg, FL

      Undeveloped waterfront property on Black Creek near local amenities.
      3716 Main St, Middleburg, FL 32068
      View Details
    • $1,950,000
      3,021 SF

      Established Sports Bar and Store

      Turnkey sports bar and liquor store near Middleburg, Florida.
      5406 County Road 218, Middleburg, FL 32068
      View Details
    • $400,000
      1,140 SF

      Historic Retail Building in Middleburg

      Versatile commercial building in prime location with recent updates.
      3903 Main St, Middleburg, FL 32068
      View Details
    • $2,400,000
      25,000 SF

      Middleburg Office Suites with Elevator

      Versatile office suites in Middleburg, Florida, with elevator access.
      430 College Dr, Middleburg, FL 32068
      View Details
    • $2,000,000

      Renovated Multifamily Property in Middleburg

      Fully renovated, 11-unit multifamily property in gated community.
      3145 Ravines Rd, Middleburg, FL 32068
      View Details
    • $1,350,000
      3,372 SF

      Renovated Building on Blanding Boulevard

      Renovated 3,372 SF building on 1.0 AC near major retailers.
      1613 Blanding Blvd, Middleburg, FL 32068
      View Details
    • Contact for pricing
      2 SF

      Retail/Office Unit For Sale

      Versatile commercial property in high-traffic area near Blanding Blvd.
      1539 Blanding Blvd, Middleburg, FL 32068
      View Details
    • $1,400,000

      Commercial Property on 1+ Acre

      High-traffic commercial property suitable for redevelopment or repurposing.
      3114 County Road 220, Middleburg, FL 32068
      View Details
    • $1,300,000
      3,705 SF

      Middleburg, Florida Retail Investment

      NNN leased Kid City USA with zero landlord responsibilities.
      29 Cinnamon St, Middleburg, FL 32068
      View Details
    • $850,000

      Flexible Commercial Units For Sale

      Two commercial units totaling 4,800 SF with office and warehouse.
      1635 Farm Way, Middleburg, FL 32068
      View Details
    • $350,000

      Church or Daycare Opportunity

      Property zoned for church or daycare use with ample space.
      35 Cinnamon St, Middleburg, FL 32068
      View Details
    • $295,000
      1.03 Acres

      Middleburg Commercial Land Opportunity

      Prime 1-Acre Commercial Lot in Middleburg, FL
      4164 County Road 218, Middleburg, FL 32068
      View Details

    FAQs

    What type of property is this?
    Land - Prime 10-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 5155 County Road 218 Middleburg, FL.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: High-visibility location with frontage on County Road 218.; Commercial zoning designated BB-4, Heavy Business District.; 10-acre commercial parcel.
    Request Owner's contact information
    5155 County Road 218 Middleburg, FL 32068
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5155 County Road 218
    Middleburg, FL 32068
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    5155 County Road 218 Middleburg, FL 32068
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.