113 Forest St Georgetown, FL 32139
This exceptional .23-acre commercial land parcel, encompassing 10,018.8 square feet, presents a unique investment opportunity in the charming town of Georgetown, Florida. Located at 113 Forest Street, this property boasts a desirable R2 zoning, permitting the development of two-family residential units, including mobile homes. Its tranquil setting on a quiet country road offers a peaceful atmosphere while remaining conveniently close to a variety of amenities. Within minutes, residents and businesses can access a marina, restaurants, and numerous state and national parks. Everyday conveniences are also readily available, including a nearby Dollar General. For more extensive services, the nearby town of Crescent City offers professional and medical facilities. Outdoor enthusiasts will appreciate the proximity to Lake George, the St. Johns River, Crescent Lake, Pomona Park, Dunns Creek, Salt Springs, Silver Glen, and Juniper Springs. The property's strategic location provides easy access to the Atlantic beaches, major airports, and Daytona International Speedway, all within an hour's drive. Enjoy the vibrant local events scene, including Bike Week, Race Week, Jeep Week, Biketoberfest, art shows, music festivals, and fishing tournaments. Orlando is also conveniently located approximately 80 miles away. This versatile property offers significant potential for a variety of commercial ventures or residential development, making it an attractive investment in a rapidly growing area. The asking price is $14,599. The property is located in Putnam County, Florida, zip code 32139.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.