11109 Us Hwy 301 Hwy Waldo, FL 32694
This exceptional commercial property boasts 6,904 square feet of versatile space, strategically located on 7.99 acres of land with 412 feet of frontage on US Highway 301 in Waldo, Florida. The property includes a 5,000 square foot freestanding metal building, ideally suited for automotive-related businesses, currently zoned for Automotive Oriented Business (BA Zoning). The building features approximately 1,583 square feet previously used as living quarters, complete with a kitchen and full bathroom. This area could be easily repurposed to suit various business needs. The main building sits on a 2.31-acre parcel. An adjacent 5.68-acre vacant lot is also included in the sale, offering significant expansion potential. This parcel features a pre-existing septic tank and drain field and is partially cleared with timber. The high-traffic location on US Highway 301, a major thoroughfare running 1,099 miles from Sarasota, Florida to Delaware, ensures exceptional visibility and accessibility, with over 20,000 vehicles passing daily. The property's proximity to Gainesville Raceway, a renowned drag racing venue hosting events like the Gator Nationals and NHRA races, further enhances its appeal. The building and land can be sold separately. This is a prime opportunity for businesses seeking a high-visibility location with ample space for growth.
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
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