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    699 Us-1 Oak Hill, FL 32759

    For Sale
    $295,000

    High-visibility US-1 corner lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 409,028.4 square foot commercial property, located at 699 S US-1 in Oak Hill, Florida (zip code 32759), presents a unique investment opportunity. Situated on a high-traffic corner with 668.26 feet of road frontage on US-1, this land boasts unparalleled visibility and accessibility. Currently zoned for planned commercial development, the seller is willing to facilitate zoning changes to meet a buyer's specific needs. Pre-approved plans exist for a 12,000 square foot shopping center, making this site perfect for a variety of retail ventures, including but not limited to a general store, gas station, restaurant, or bait and tackle shop. The property's strategic location near Kennedy Parkway and US Highway 1 in Oak Hill, Florida, ensures high traffic volume and exposure to a large customer base. This is a rare chance to acquire a substantial commercial parcel in a rapidly growing area with significant development potential. The asking price for this prime commercial land is $295,000. Don't miss this opportunity to secure a prominent location in a thriving Florida market.

    Property Features for 699 Us-1

    General Information

    Property type
    Retail properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Map

    City
    Oak Hill
    County
    Volusia
    State
    Florida
    Longitude
    -80.840611
    Latitude
    28.834729

    Nearby Comparable

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      Oak Hill Commercial Land Parcel

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    FAQs

    What type of property is this?
    Retail property - High-visibility US-1 corner lot, ideal for development.
    Where is this retail property located?
    The property is located at 699 Us-1 Oak Hill, FL.
    What is the asking price?
    The asking price for this property is $295,000.
    Request Owner's contact information
    699 Us-1 Oak Hill, FL 32759
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    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
    699 Us-1 Oak Hill, FL 32759
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