120 Hancock Ave Madison, FL 32340
- Commercial land
- 1,629 SF
- 0.23 lot acres
Current Use by Public Records
- Commercial land
Property Details for 120 Hancock Ave
- Year built
- 1960
- Lot size
- 0.23 lot acres
- Property size
- 1,629 SF
- Property type
- Commercial land
- APN
- 00-00-00-3671-000-000
- APU
- 3671000000
Description
This exceptional 0.23-acre commercial lot in Madison, Florida, presents a unique investment opportunity. Situated between two of the city's busiest intersections at 120 SE Hancock Avenue, this property boasts high visibility and excellent accessibility. The lot is already equipped with a functioning commercial ice house, which will be conveyed with the sale, providing immediate income potential or a solid foundation for redevelopment. A dedicated power pole and water hook-up are already in place, simplifying the setup for any new business. The lot itself is cleared and features an existing asphalt driveway, ensuring easy access and maneuverability. Partial fencing provides a degree of security, and ample space remains for convenient parking. Its strategic location across from the community bank and just one block from the courthouse guarantees significant foot and vehicle traffic. Furthermore, its proximity to the downtown area offers easy access to local amenities and a thriving community. This property is ideal for a variety of commercial ventures, including food trucks, retail businesses, or other enterprises seeking a high-traffic location in a bustling town center. The existing infrastructure and prime location make this a truly exceptional opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Madison
- State
- Florida
- Longitude
- -83.4113
- Latitude
- 30.4691
