542403 Us-1 Callahan, FL 32011
This exceptional 1-acre commercial land parcel, located at 542403 US-1 in Callahan, Florida (32011), presents a unique investment opportunity. The property boasts 13,587 square feet and is zoned Commercial Highway, allowing for a diverse range of development possibilities. Its prime location, less than 500 feet from a signalized intersection, ensures high visibility and accessibility for potential businesses. Built in 1986, this site offers significant redevelopment potential. Permitted uses under the Commercial Highway zoning include restaurants (both drive-thru and full-service), strip center retail, hospitality ventures (hotels/motels), gas stations, car washes, auto repair shops, and dollar stores. The property's location within Nassau County, Florida, provides access to a growing market and strong infrastructure. This is a rare opportunity to acquire a highly desirable, one-acre commercial lot in a strategic location with significant development potential. The asking price is $1,400,000. Don't miss this chance to secure a prime piece of Callahan real estate.
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
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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.