119 1St St, Crescent City, FL 32112
This exceptional 0.19-acre commercial land parcel presents a unique investment opportunity in Crescent City, Florida. Located at 119 1st Street, this property is zoned for residential use (APN: 06-13-28-1800-0020-0160) and offers significant potential. The land's proximity to recreational amenities is a key advantage. It's situated just 2.7 miles from Crescent Lake, connected to the St. Johns River, and the beautiful freshwater Lake Stella. Both lakes feature docks, perfect for boating and fishing enthusiasts. Convenience is also a highlight, with a Winn-Dixie grocery store located only 3.7 miles away. The property boasts readily accessible utilities, with electrical poles situated directly in front, simplifying connection. The possibilities are numerous for this versatile parcel, making it an attractive option for developers or investors seeking a strategic location in a desirable area. The flood zone code is 'a'. This property is an excellent opportunity to capitalize on the area's recreational appeal and create a thriving venture. The asking price is $6,995.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.