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    8940 Sr 46, Mims, FL 32754

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    AI-generated overview

    This exceptional 10-acre property, located at 8940 Sr 46 in Mims, Florida (zip code 32754), presents a unique opportunity for commercial and residential development. Boasting a generous 435,600 square feet of land, this parcel offers significant advantages. The property features paved highway frontage, providing excellent visibility and accessibility. It's conveniently situated less than 10 minutes from I-95, offering easy access to major transportation routes. The land is zoned to accommodate a single-family residence, a manufactured/mobile home, or commercial ventures. There are no HOA fees or deed restrictions, providing flexibility for development plans. Two large building pads are already in place, simplifying construction. An existing asphalt millings driveway and parking pad are also present. The property is partially fenced (three sides) and benefits from existing electric service. A small pond is located towards the rear of the property. Environmental assessments indicate no wetlands and the property is not located in a flood zone. The land is a mix of pine and oak trees, offering a naturally wooded setting. Abundant wildlife is frequently sighted. The property's proximity to the St. Johns River adds to its appeal. This versatile property is ideal for those seeking a blend of rural tranquility and convenient access to major roadways. The asking price is $349,900.

    Property profile
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    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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