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    120 SE Hancock Ave Madison, FL 32340
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    120 SE Hancock Ave, Madison, FL 32340

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    • Commercial land
    • 1,629 SF
    • 0.23 lot acres
    Commercial Lot in Prime Location For Sale
    $215,000
    0.23 Acres

    Commercial Lot in Prime Location

    Cleared commercial lot with existing ice house and utilities.

    120 SE Hancock Avenue, Madison, FL 32340
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    Property ID
    US18-3015919
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 120 SE Hancock Ave

    Year built
    1960
    Lot size
    0.23 lot acres
    Property type
    Commercial land
    APN
    00-00-00-3671-000-000
    APU
    3671000000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 2, 2020 — Donny H Salter — Deed · related $79k · Madison County Community Bank
    Jun 26, 2020 — Donny H Salter — Deed · related $72k · Madison Cnty Bk
    Jul 19, 2019 $40,000 Donny H Salter Lazzaro,albert C JR Warranty Deed —
    Jul 2, 2018 — Albert C Lazzaro JR. Lazzaro Albert C SR Quit Claim Deed · related —
    May 27, 2005 $95,000 A C Lazzaro May,constance P Warranty Deed —
    — — Donny H Salter — Loan Modification · related $72k · Madison Cnty Bk

    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.


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    Location Insight

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    • Local Demand
    City
    Madison
    County
    Madison
    State
    Florida
    Longitude
    -83.4113
    Latitude
    30.4691

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,681
    $75,600
    $2,145
    $77,745
    -
    $75,600
    $2,145
    $77,745
    View Listing
    More about this property
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