Property profile

998 Us 90 Madison, FL 32340

OFF-MARKET
Retail properties & Spaces
1,390 SF 1.93 ac lot
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Property summary

AI-generated overview

This exceptional 1.93-acre commercial property in Madison County, Florida, presents a unique investment opportunity. Located on US Highway 90, the property boasts an impressive 300 feet of highway frontage, ensuring high visibility and accessibility. The site includes a 1,390 square foot building currently configured as a three-bedroom, one-bathroom home/office, ideal for immediate use or conversion to suit your needs. Additional improvements include a garage, paint booth, and pole barn, providing ample storage and workspace. The property's versatility is further enhanced by its location outside city limits, yet still benefiting from excellent highway exposure. Access is convenient via three paved roads and one dirt road, offering multiple entry points. This property is perfect for a variety of commercial uses and offers significant potential for future development. The asking price is $275,000. Don't miss this chance to acquire a prime commercial property with significant upside.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,390 SF
Lot 1.93 ac (84,071 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

998 Us 90 Madison, FL 32340
Madison metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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