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Property profile & analytics
OFF-MARKET
Commercial real estate

1173 Hwy Satsuma, FL 32189

0.74 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the burgeoning Satsuma, Florida market. Situated on a 0.74-acre lot with 131 feet of highly visible Highway 17 frontage, this property boasts a substantial 3,000 square foot, 124-year-old Victorian home and a separate 30' x 40' steel building. The commercially zoned land offers unparalleled flexibility, allowing for a diverse range of uses. Imagine transforming the historic Victorian into a boutique hotel, restaurant, or unique retail space, capitalizing on its character and prime location. Alternatively, the existing structures could be repurposed to suit a variety of commercial needs, or even redeveloped entirely. The expansive lot and strategic highway frontage provide ample space for parking, outdoor seating, or additional construction. Located just minutes from Welaka and south of Palatka, this property benefits from its proximity to established communities while enjoying the potential for significant growth in a developing area. The combination of historical charm, ample space, and prime highway visibility makes this a truly remarkable opportunity for an astute investor seeking a high-impact commercial venture. Don't miss the chance to explore the limitless possibilities this property offers.

Property profile
Verified
Property type Commercial real estate
Year built 1900
Lot 0.74 ac (32,234 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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