1341 State Rte Melrose, FL 32666
This exceptional 0.23-acre commercial land parcel is strategically located at 1341 State Route 100 in Melrose, Florida, 32666, offering excellent visibility and accessibility near the intersection of Highway 100 and Highway 315. Zoned for General Commercial use, this property presents a multitude of development opportunities, including automotive sales, retail, office space, restaurants, medical facilities, storage, warehouse, and manufacturing. The lot boasts 70 feet of frontage on Highway 100 and a depth of 110 feet, providing ample space for various projects. The asking price is $19,999, representing a land value of $80,000 per acre. This fee-simple ownership opportunity includes the potential for owner financing. The property's APN is 08-09-24-3200-0080-0070. With its prime location and versatile zoning, this property is an ideal investment for entrepreneurs and developers seeking a high-traffic location in Putnam County. Parking is estimated at 5 spaces per 1,000 square feet.
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.