12688 Hwy 301 Hampton, FL 32044
Exceptional commercial investment opportunity in Hampton, Florida! This 8.95-acre property boasts 449.8 feet of road frontage on US Highway 301, a major thoroughfare with approximately 25,000 vehicles passing daily. The site includes a total of 17,361 square feet of building space, comprised of multiple structures: a 256 x 36 foot block and stucco building; a 91 x 36 foot frame tin building; a 98 x 31 foot block building; and a 64 x 32 foot frame and tin building. Additional smaller buildings are also present. The property features two ponds and is fully fenced. Zoned for commercial use, this location offers a wide range of development possibilities, including storage. Its strategic location near the Starke bypass and the Baldwin Connector, a planned infrastructure improvement expected to increase traffic volume significantly, makes this a prime investment for future growth. The property includes convenient features such as a dedicated turn lane and three-phase power. The permitted zoning includes Section 4.17 "I" Industrial and 4.16 "ILW" Industrial Light & Warehousing designations. Asking price is $890,000, with a price per square foot of $51.26. Built in 1979, this property presents a unique chance to capitalize on its high visibility and potential for expansion in a rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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