00 Sapp St Starke, FL 32091
This exceptional investment opportunity encompasses two parcels totaling 122,403.6 square feet in Starke, Florida, strategically located within city limits at 00 W Sapp Street, zip code 32091. The property is offered at an attractive asking price of $150,000. The land is comprised of two distinct parcels: one zoned B3 Commercial Hwy, offering significant flexibility for a wide range of commercial uses; and a second parcel zoned R1D Single Family/Mobile Homes. The B3 zoning allows for a diverse array of commercial development possibilities. While the second parcel is currently zoned for residential use, there's a high likelihood of rezoning it to B3 Commercial Hwy, further enhancing the property's overall potential. The seller indicates the presence of existing power and water utilities on the site. This unique combination of commercial and residential zoning presents a rare opportunity for developers, investors, or business owners seeking a versatile location in Starke, Florida. The substantial lot size provides ample space for various development scenarios, making this a truly compelling investment prospect. This property is being sold as a single unit, encompassing both parcels. Buyers are encouraged to conduct their own due diligence regarding zoning regulations and utility access.
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
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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.