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Property profile & analytics
OFF-MARKET Estimated value $870,000
Retail space

101 Commercial Dr Keystone Heights, FL 32656-6801

9,176 SF 1.83 ac lot Built 2003
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US19-0855290
Property summary
AI-generated overview

This exceptional 5,000 square foot commercial property, situated on a 1.8-acre lot in Keystone Heights, Florida, presents a remarkable investment opportunity. Located at 101 Commercial Drive, this single-story building boasts a prime corner location at State Road 100, benefiting from excellent visibility and accessibility due to a nearby traffic signal. Currently vacant, the property is zoned Commercial General, offering a wide array of potential uses. Permitted uses include, but are not limited to, retail outlets, restaurants, lawn care businesses, pest control services, financial institutions, professional offices, retail plant nurseries, auto service centers, and indoor produce markets. The building's existing use by exception permits mini-warehouses or storage units. The asking price is $2,200,000, translating to $440 per square foot. An additional 0.87-acre lot adjacent to the rear of the property is also available for purchase, providing further expansion potential. This property is ideal for investors seeking a versatile commercial space with high visibility and diverse development options in a growing Florida community. The property's address is 32656, Clay County, Florida.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction STEEL FRAME
Total area 9,176 SF
Lot 1.83 ac (79,801 SF)
Zoning code CG
APN 20-08-23-002170-001-14
UPID US19-0855290
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$870k
CAP Approach CAP
by Request
Comparable Approach Comparable
$987k
Blend (final) Blend
$870k
Owner & transaction history
Jmp Holdings Fl LLC · 3 yrs held
Jmp Holdings Fl LLC
since 2023
Last sale
$800,000
6 recorded transactions
2023
$800,000
2022
Price N/A
2019
$100
2003
$143,000
2001
$2,000
1999
$109,428
Zoning & alternative use
CG · Keystone Heights, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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