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
    Property profile & analytics

    1578 Baxley Rd Middleburg, FL 32068

    • Commercial real estate
    • 1.00 lot acres
    For Sale
    View listing
    $195,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8036830
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1578 Baxley Rd

    Year built
    1945
    Lot size
    1.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1-acre commercial land parcel, located at 1578 Baxley Rd in Middleburg, Florida (zip code 32068), presents a unique investment opportunity. Currently zoned residential, this property boasts significant potential for commercial development, given its strategic location within the Branan Field Beltway Corridor and high visibility from the new First Coast Expressway. The property includes an existing residential structure, built in 1945, which requires substantial renovation or demolition. Utilities are readily accessible, with sewer located at the property corner and water across the street. This presents a blank canvas for a discerning buyer to create a thriving commercial venture. The property's size and location offer the possibility of combining it with adjacent properties for a larger-scale development. The asking price is $195,000. Buyers are responsible for verifying zoning and conducting their own due diligence. This is a rare opportunity to acquire a strategically positioned parcel in a rapidly growing area. Don't miss out on this chance to capitalize on the potential of this prime commercial land.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Middleburg
    County
    Clay
    State
    Florida
    Longitude
    -81.8311671
    Latitude
    30.0998603

    Comparable in this City

    • $999,000

      Prime Middleburg Commercial Land

      8.26 Acres, Mixed-Use Potential
      5465 County Road 218, Middleburg, FL 32068
      View Details
    • $750,000
      2,400 SF

      Middleburg Warehouse: Prime Investment

      2,400 SF Warehouse, Vacant, Below Appraisal
      4170 County Road 218, Middleburg, FL 32068
      View Details
    • $2,150,000
      2.59 Acres

      Middleburg Commercial Land - $2.15M

      Prime 2.59-acre commercial lot in Middleburg, FL.
      1544 Baxley Rd, Middleburg, FL 32068
      View Details
    • $2,500,000
      8.25 Acres

      Middleburg Land with Development Potential

      8.25 acres of high and dry land, perfect for building.
      3065 County Road 220, Middleburg, FL 32068
      View Details
    • $100,000
      2.36 Acres

      Residential Land in Growing Middleburg

      2.36 acre residential land near Jacksonville and Black Creek.
      4930 Chickpea St, Middleburg, FL 32068
      View Details
    • $55,000
      2.12 Acres

      Residential Land in Middleburg, FL

      2.12-acre residential parcel in high-demand Middleburg, Florida.
      2154 County Road 218, Middleburg, FL 32068
      View Details

    Similar Nearby for Sale

    • $865,000
      3.15 Acres

      Prime Middleburg Commercial Land

      3.15 Acres, Blanding Blvd Frontage
      2819 Blanding Blvd, Middleburg, FL 32068
      View Details
    • $499,000
      10.00 Acres

      Middleburg Commercial Land - 10 Acres

      Prime 10-acre commercial lot, ideal for development.
      5155 County Road 218, Middleburg, FL 32068
      View Details
    • $150,000
      1.30 Acres

      Creekfront Acreage in Middleburg, FL

      1.3 acre building site on Black Creek's south prong.
      Black Creek Dr, Middleburg, FL 32068
      View Details
    • $129,900
      2.86 Acres

      Middleburg Land with Existing Garage

      2.86 acres in Middleburg with garage, no HOA/CDD.
      00 Harvest Way, Middleburg, FL 32068
      View Details
    • $400,000

      Prime Corner Commercial Land Opportunity

      3.31-acre corner lot in high-growth Middleburg, Florida.
      4058 County Road 218, Middleburg, FL 32068
      View Details
    • $3,900,000

      Land Near First Coast Expressway

      Large acreage in growing Clay County, near new expressway.
      Black Creek Dr, Middleburg, FL 32068
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land on County Road

      0.80 acres of commercial land available for rent.
      Middleburg, FL 32068
      View Details
    • Contact for pricing

      Retail Pads Available For Lease

      Retail pads available for lease in Middleburg, Florida.
      Blanding Blvd, Middleburg, FL 32068
      View Details
    • Contact for pricing
      30,000 SF

      Medical Office Space Available

      Prime location near hospital hub, customizable layout up to 30,000SF.
      1716 Blanding Blvd, Middleburg, FL 32068
      View Details
    • $15 SF/Yr
      37,328 SF

      Middleburg Medical Office Space

      Class B medical office space available. Multiple suites, flexible sizes.
      400 College Dr, Middleburg, FL 32068
      View Details
    • $34 SF/Yr
      289,896 SF

      Plantation Crossing Retail Spaces

      High-traffic retail spaces available.
      1782 Blanding Blvd, Middleburg, FL 32068
      View Details
    • $28 SF/Yr
      16,000 SF

      Prime Middleburg Office Space

      Executive & Medical Suites Available
      2551 County Road 220, Middleburg, FL 32068
      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.
    1578 Baxley Rd
    Middleburg, FL 32068
    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.