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    892 Sr 21 Melrose, FL 32666
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    892 Sr 21, Melrose, FL 32666

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    • Retail properties & Spaces
    • 400 SF
    • 0.30 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 892 Sr 21

    Year built
    1955
    Lot size
    0.30 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional commercial property, located at 892 N SR 21 in Melrose, Florida, presents a unique investment opportunity. The 400-square-foot building, constructed in 1955, sits on a 0.3-acre corner lot with commercial zoning. Recently remodeled, it offers versatile space suitable for various uses, including creative office, executive office, or storefront retail. Permitted uses encompass a wide range of retail sales (e.g., antique shop, art gallery, food service) and office space. The sale includes two lots, providing ample space for expansion or additional development. The adjacent vacant lot offers significant potential for future growth. An existing shed on the property adds to its functionality. High-speed Comcast business internet service is readily available. This property is ideal for entrepreneurs seeking a well-located, versatile space with expansion possibilities. The asking price is $165,000, translating to $412.50 per square foot. The property's address is 892 N State Road 21, Melrose, FL 32666 (Putnam County). Parcel ID: 18-09-23-0000-0740-0010 (second lot). This is a rare opportunity to acquire a prime commercial property in a thriving neighborhood.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Melrose
    County
    Putnam
    State
    Florida
    Longitude
    -82.0448
    Latitude
    29.7177
    More about this property
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