38XX Us 1, Mims, FL 32754
This exceptional 2.28-acre parcel boasts over 500 feet of high-visibility frontage on US Highway 1 in Mims, Florida, experiencing over 11,000 vehicles daily. The property is zoned AU, with a future land use designation of Neighborhood Commercial, making rezoning to BU-1A potentially straightforward. Approved uses include, but aren't limited to, professional offices, convenience stores, and personal service businesses. The land is high and dry, offering easy access to city water and utilities. Its strategic location provides convenient access to I-95, downtown Titusville (7 miles), and downtown Orlando (45 miles). This presents a remarkable opportunity for development, further enhanced by the availability of an additional 4.77 acres on an adjacent parcel to the east, totaling over 8 acres of contiguous land. The property's APN is 20-35-31-00-504. The asking price for this exceptional commercial property is $250,000.
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
Similar Nearby for Sale
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.