101 Commercial Dr Keystone Heights, FL 32656-6801
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CG · Keystone Heights, FLKeystone Heights. Always verify with local authorities before improvements.
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.