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Property profile & analytics
OFF-MARKET
Land

553519 Us Highway 1 Hilliard, FL 32046

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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