0 Us Highway 1 Oak Hill, FL 32759
This exceptional commercial land parcel, located at 0 US Hwy 1 in Oak Hill, Florida, presents a compelling investment opportunity. Encompassing 49,658.4 square feet (approximately 1.14 acres), this property boasts significant frontage on US Highway 1, ensuring high visibility and accessibility. The site is comprised of three contiguous parcels (Parcel #'s 8531 0100 0010, 0020, 0030), offering flexibility for development. Its strategic location provides easy access to Interstate 95 (less than 10 minutes away) and the vibrant amenities of New Smyrna Beach, including shopping, dining, and beaches (15-20 minutes away). The property's current zoning allows for a multitude of commercial uses, capitalizing on the high traffic counts associated with its US Highway 1 location. This rapidly developing area presents a unique chance to establish a thriving commercial venture. The asking price for this remarkable opportunity is $89,900. This is a rare chance to acquire a well-positioned commercial property in a high-growth area of Florida. The substantial lot size and prime highway frontage make this an ideal location for a variety of commercial developments. Don't miss this chance to invest in a promising future.
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.