Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    County Road 315 Interlachen, FL 32148

    • Land
    • 5.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 County Road 315

    Lot size
    5.00 lot acres
    Property type
    Land

    Description

    This exceptional 9.09-acre commercial property in Interlachen, Florida, presents a unique investment opportunity. Located on paved County Road 315, just off State Road 20 at a signalized intersection, this high and dry, level lot offers excellent visibility and accessibility. The property boasts significant cleared land with some existing trees. Zoned C-3, it allows for a wide range of commercial uses, including hotels, bowling alleys, auto sales, dry cleaning establishments, printing shops, funeral homes, convenience stores, hardware stores, and gas stations, as well as uses permitted under C-1 and C-2 zoning classifications. Detailed zoning information for C-1, C-2, and C-3 is available upon request. The asking price is $575,000, translating to $50,371 per acre. Pre-engineering work has already been completed on the site, streamlining the development process. This property's prime location, ample size, and versatile zoning make it an attractive prospect for various commercial ventures. The included retention area further enhances its development potential. The property's address is County Rd 315, Interlachen, FL 32148.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Interlachen
    County
    Putnam
    State
    Florida
    Longitude
    -81.8854
    Latitude
    29.6264

    Comparable in this City

    • Value Estimation by Request

      X Arden Ave

      Land
      0 X Arden Ave, Interlachen, FL 32148
      View Details
    • Value Estimation by Request

      1St St

      Land
      0 1St St, Interlachen, FL 32148
      View Details
    • Value Estimation by Request

      00 Clifford St

      Multifamily properties
      00 Clifford St, Interlachen, FL 32148
      View Details
    • Value Estimation by Request

      Xx Arden Ave

      Land
      0 Xx Arden Ave, Interlachen, FL 32148
      View Details
    • Value Estimation by Request

      00 Keuka Rd

      Land
      00 Keuka Rd, Interlachen, FL 32148
      View Details
    • Value Estimation by Request

      April Ave

      Land
      0 April Ave, Interlachen, FL 32148
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Interlachen Land: Prime Lakefront Opportunity

      .26-acre lot, ideal for lake house. $20,000.
      00 Yawn Ave, Interlachen, FL 32148
      View Details
    • Contact for pricing

      Arden Avenue Commercial Land Parcel

      Prime 17,000 sq ft lot, residential/commercial potential.
      0 Xx Arden Ave, Interlachen, FL 32148
      View Details
    • Contact for pricing

      Arden Ave Commercial Land Parcel

      Prime Interlachen, FL commercial land. $20,000.
      0 X Arden Ave, Interlachen, FL 32148
      View Details
    • $228,600

      Interlachen Commercial Land - $228,600

      10-Acre Commercial Land, Prime Location
      882 County Road 310, Interlachen, FL 32148
      View Details
    • Contact for pricing

      Interlachen Land: Prime Lakefront Opportunity

      .26-acre lot, ready for your dream home.
      00 Clifford St, Interlachen, FL 32148
      View Details
    • Contact for pricing

      Interlachen Commercial Land - $10K

      Prime Commercial Lot, 3,049 sq ft
      0 Unassigned Location Ave, Interlachen, FL 32148
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    County Road 315
    Interlachen, FL 32148
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.