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    Property profile & analytics

    1490 Commerce Blvd Midway, FL 32343

    • Commercial land
    • 2.83 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 31, 2024
    $240,000
    Location Intelligence
    Property ID
    US18-6111031
    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.

    Current Use by Public Records

    • Commercial land

    Property Details for 1490 Commerce Blvd

    Lot size
    2.83 lot acres
    Property type
    Commercial land
    APN
    4-10-1N-2W-1514-0000D-0010
    APU
    4101N2W15140000D0010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Midway
    County
    Gadsden
    State
    Florida
    Longitude
    -84.4128
    Latitude
    30.4974
    CBSA code
    45220
    CBSA name
    TALLAHASSEE, FL METROPOLITAN STATISTICAL AREA

    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
    $2,760
    $162,725
    $17,468
    $180,193
    -
    $162,725
    $17,468
    $180,193

    Comparable in this City

    • Value Estimation by Request
      3.09 Acres

      30871 Blue Star Hwy

      VACANT COMMERCIAL LAND • 3.09 Acres
      30871 Blue Star Hwy, Midway, FL 32343-2425
      View Details
    • Value Estimation by Request
      1.05 Acres

      132 Business Park Rd

      VACANT COMMERCIAL LAND • 1.05 Acres
      132 Business Park Rd, Midway, FL 32343
      View Details
    • Value Estimation by Request
      1.19 Acres

      132 Business Park Rd

      VACANT COMMERCIAL LAND • 1.19 Acres
      132 Business Park Rd, Midway, FL 32343
      View Details
    • Value Estimation by Request
      1.12 Acres

      132 Business Park Rd

      VACANT COMMERCIAL LAND • 1.12 Acres
      132 Business Park Rd, Midway, FL 32343
      View Details
    • Value Estimation by Request
      5.54 Acres

      Commerce Blvd

      VACANT COMMERCIAL LAND • 5.54 Acres
      Commerce Blvd, Midway, FL 32343
      View Details
    • Value Estimation by Request
      9.89 Acres

      Palmer Rd

      VACANT COMMERCIAL LAND • 9.89 Acres
      Palmer Rd, Midway, FL 32343
      View Details

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    • Contact for pricing
      3.14 Acres

      Midway Industrial Land for Sale

      Prime Gadsden County industrial land.
      0 Business Park Rd, Midway, FL 32343
      View Details

    Similar Nearby for Lease

    • $2,950,000
      3,200 SF

      Retail/Warehouse Flex Space Available

      3,200 SF flex space in 10/90 Industrial Park.
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    1490 Commerce Blvd
    Midway, FL 32343
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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