553519 Us Highway 1 Hilliard, FL 32046
This exceptional 3.08-acre commercial land parcel, located at 553519 US Highway 1 in Hilliard, Florida (zip code 32046), presents a unique investment opportunity. The property boasts a substantial lot size of 134,600.4 square feet and is zoned CG. The current zoning allows for a variety of commercial uses. The previous owner initiated the rezoning process and has already completed preliminary work towards townhome/apartment development, with supporting engineering documentation available. This documentation details work already undertaken on the site. While the property offers significant potential for diverse commercial ventures, it's important to note that it lacks city water access. Therefore, any future development or business operation will require the installation of a well and septic system. This prime location in Nassau County, Florida, offers excellent visibility and accessibility, making it an ideal site for various commercial projects. The asking price for this exceptional property is $459,900. Detailed engineering documentation is available upon request. This is a rare opportunity to acquire a large, well-situated commercial parcel in a growing area.
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.