998 Us 90 Madison, FL 32340
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.
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
Similar Nearby for Lease
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.