Property profile

2991 Highway 17 Green Cove Springs, FL 32043

OFF-MARKET
Mixed-use properties
Built 1965
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 2991 HWY 17 in Green Cove Springs, Florida, presents a compelling investment opportunity. Priced at $400,000, this 19,166.4 square foot lot offers significant potential for diverse development. Built in 1965, the property currently features a residential rental dwelling, providing immediate income potential. However, its zoning designation allows for a wider range of uses. The property is zoned both Single Family Residential and Intermediate Business District BB, offering flexibility for various commercial ventures. Detailed permitted uses are available in supplemental documentation. This prime location in Green Cove Springs, Florida, zip code 32043, offers easy access to Highway 17, ensuring high visibility and convenient access for both residents and businesses. The property's size and zoning provide a unique opportunity to capitalize on the growing demand for mixed-use properties in this thriving area of Clay County. This is an ideal investment for those seeking a blend of residential income and commercial development potential. The property's strategic location and flexible zoning make it a truly remarkable opportunity.

Property profile

Verified
Property type Mixed-use properties
Year built 1965

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

2991 Highway 17 Green Cove Springs, FL 32043
Green Cove Springs metro
Google Maps

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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