1249 County Road 309 Crescent City, FL 32112
This exceptional 7.6-acre commercial land parcel in Crescent City, Florida, presents a unique investment opportunity. Located at 1249 County Road 309, the property boasts 331,056 square feet of cleared land with a utility pole for easy electricity connection. Enjoy 287 feet of pristine St. Johns River waterfront access, perfect for boating and fishing. A picturesque 320-foot nature walkway winds through lush vegetation to the riverbank. The property is zoned for rural and agricultural use. Its idyllic location offers tranquility while being close to numerous attractions, including Silver Glen Springs, Juniper Springs, Welaka Spring, Salt Springs, Ocala National Forest, and Welaka State Park. Enjoy nearby restaurants, miles of equestrian and hiking trails, and other outdoor recreational activities. This is a rare chance to own a piece of waterfront paradise in a charming small town, offering both peace and convenient access to amenities. The asking price is $975,000. The property's zip code is 32112, and it's situated in Putnam County.
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
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Property description
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