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542738 Us Highway 1 Callahan, FL 32011

OFF-MARKET Commercial real estate Google Maps
8.5 ac lot Built 1950
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 8.5-acre commercial property in Callahan, Florida, presents a unique investment opportunity. Located within the town limits, it benefits from low taxes, readily available city water, and sewer connections. The property is currently zoned Commercial with a Future Land Use designation of Industrial, offering significant flexibility for a variety of business ventures. The site includes an existing house, suitable for residential use or rental income, and a small office building currently occupied by a tenant (business not included in sale). This turnkey property is ready for immediate occupancy, eliminating the need for extensive site preparation. The substantial acreage provides ample space for expansion or development, catering to a wide range of commercial or industrial uses. Its strategic location in Callahan offers convenient access to major transportation routes, enhancing its appeal to businesses seeking a well-connected base of operations. The combination of existing structures and expansive land makes this an attractive proposition for investors and entrepreneurs alike, offering both immediate income potential and long-term growth prospects. The property's zoning and future land use designation ensure a clear path for future development, making it a compelling investment in a thriving Florida community. The existing buildings provide immediate income potential or space for a new business. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant upside potential.

Property profile

Verified
Property type Commercial real estate
Year built 1950
Lot 8.5 ac (370,260 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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