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    998 Us 90 Madison, FL 32340

    For Sale
    $275,000

    High-potential retail property, 1.93 acres, Hwy 90 frontage.

    Property size:
    1,390 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.93-acre commercial property in Madison County, Florida, presents a unique investment opportunity. Located on US Highway 90, the property boasts an impressive 300 feet of highway frontage, ensuring high visibility and accessibility. The site includes a 1,390 square foot building currently configured as a three-bedroom, one-bathroom home/office, ideal for immediate use or conversion to suit your needs. Additional improvements include a garage, paint booth, and pole barn, providing ample storage and workspace. The property's versatility is further enhanced by its location outside city limits, yet still benefiting from excellent highway exposure. Access is convenient via three paved roads and one dirt road, offering multiple entry points. This property is perfect for a variety of commercial uses and offers significant potential for future development. The asking price is $275,000. Don't miss this chance to acquire a prime commercial property with significant upside.

    Property Features for 998 Us 90

    General Information

    Property type
    Land
    Square Feet
    1,390 SF
    Lot Size
    84,071 SF

    HighLights

    • 1.93‑acre commercial lot in Madison County, Florida.
    • US Highway 90 frontage of 300 feet.
    • Located outside city limits.
    • Multiple road access points.
    • Existing 1,390 sq ft building with office/residential configuration.
    • On‑site paint booth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Madison
    State
    Florida
    Longitude
    -83.3998781
    Latitude
    30.4691169

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    FAQs

    What type of property is this?
    Land - High-potential retail property, 1.93 acres, Hwy 90 frontage.
    Where is this land located?
    The property is located at 998 Us 90 Madison, FL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 1.93-acre commercial lot in Madison County, Florida.; US Highway 90 frontage of 300 feet.; Located outside city limits.
    Request Owner's contact information
    998 Us 90 Madison, FL 32340
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    Madison, FL 32340
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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
    998 Us 90 Madison, FL 32340
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