2633 Us-231 Cottondale, FL 32431
Exceptional redevelopment opportunity in Cottondale, Florida. This 6.11-acre property, including approximately 2 acres of wetlands, features a vacant 3,834 square foot former Hardee's restaurant building (3,734 sq ft net rentable) built in 1986 and renovated in 2000. The site boasts a prime location on US-231 (10,900 AADT), less than half a mile from Interstate 10, a major east-west corridor. This high-traffic area offers significant potential for increased revenue. The property is situated within a thriving commercial area, near established businesses such as KFC (coming soon), Subway, Shell, Love's Travel Stop, and Marathon, creating a strong synergy for complementary retail ventures. The property is zoned AG2 and includes two Jackson County tax lots. The asking price is $1,200,000, offering a fee simple ownership. This location benefits from Cottondale's growing population and commercial activity, making it an attractive investment for developers seeking to capitalize on the high volume of passing traffic and local demand. The existing building presents a solid foundation for redevelopment, allowing for the addition of retail components to maximize the property's potential. The property's proximity to major transportation routes makes it an ideal location for businesses catering to travelers.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.