Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Crk 121 Bryceville, FL 32009
    Back to Search
    Property profile & analytics

    Crk 121, Bryceville, FL 32009

    View on Map
    • Land
    • 79.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Crk 121

    Lot size
    79.00 lot acres
    Property type
    Land

    Description

    This exceptional 79-acre parcel of commercial timberland presents a unique investment opportunity in Bryceville, Florida. Located on CR 121 in Nassau County, this property boasts an approximate age of 20 years for its timber, offering significant potential for future harvesting. The property's APN is 19-IN-23-0000-0004-0000. Situated in the desirable 32009 zip code, this expansive land offers a variety of potential uses, making it ideal for investors seeking a strong return. The asking price for this substantial tract is $592,500. Its location in Florida provides access to a growing market and favorable climate. Detailed surveys and timber assessments are recommended for prospective buyers to fully understand the property's potential. This is a rare opportunity to acquire a large, commercially zoned parcel of land with established timber resources. Don't miss out on this chance to secure a valuable asset in a thriving region. Contact us today to schedule a showing and explore the possibilities. The property's latitude and longitude coordinates are 30.419292, -82.025805 respectively.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bryceville
    County
    Nassau
    State
    Florida
    Longitude
    -82.0258
    Latitude
    30.4193

    Comparable in this City

    • Value Estimation by Request
      41.00 Acres

      Crk 121

      Land
      0 Crk 121, Bryceville, FL 32009
      View Details
    • Value Estimation by Request
      0.72 Acres

      Us Hwy 301

      VACANT COMMERCIAL LAND
      Us Hwy 301, Bryceville, FL 32009
      View Details
    • Value Estimation by Request
      1.40 Acres

      11450 Verdie Cemetery Rd

      CREMATORIUM, MORTUARY
      11450 Verdie Cemetery Rd, Bryceville, FL 32009
      View Details
    • Value Estimation by Request
      0.70 Acres

      1400 Kinard Rd

      CREMATORIUM, MORTUARY
      1400 Kinard Rd, Bryceville, FL 32009
      View Details
    • Value Estimation
      $1,005,000
      5,295 SF

      7875 Us Hwy 301

      OFFICE BUILDING
      7875 Us Hwy 301, Bryceville, FL 32009-1952
      View Details
    • Value Estimation by Request
      0.67 Acres

      Peace Lily Ln

      CREMATORIUM, MORTUARY
      Peace Lily Ln, Bryceville, FL 32009
      View Details

    Similar Nearby for Sale

    • $125,000
      471,319 SF

      10.83 Acre Lot Overlooking River

      10.83 acre lot in gated community with river views.
      15409 Bullock Bluff Rd, Bryceville, FL 32009
      View Details
    • Contact for pricing

      Land on US Highway 301

      Land available on US Highway 301 in Bryceville, Florida.
      7905 Us Highway 301, Bryceville, FL 32009
      View Details
    • $99,000
      3.76 Acres

      Bryceville Land Parcel For Sale

      3.76 acre lot with access to St Mary's River.
      15436 Bullock Bluff Rd, Bryceville, FL 32009
      View Details
    • $115,000
      4.57 Acres

      Land in Gated Community

      4.5-acre homesite in Deep Creek Plantation, Bryceville, Florida.
      13597 Settindown Dr, Bryceville, FL 32009
      View Details
    • Contact for pricing

      Riverfront Property with Equestrian Facilities

      Luxury log home with equestrian facilities and river access.
      14709 Howard Rd, Bryceville, FL 32009
      View Details
    • Contact for pricing

      Nassau County Ranch For Sale

      748.25 acre ranch with dual access and river frontage.
      Rowe Ave, Bryceville, FL 32009
      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.
    Crk 121
    Bryceville, FL 32009
    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

    Thank You for Inquiry
    Crk 121, Bryceville, FL, 32009
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!