Property profile

200 NE Commercial Cir Keystone Heights, FL 32656

FOR SALE
Retail space
Property ID
US18-0575237
13,269 SF 260.72 ac lot Built 2001
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Keystone Heights, FL industrial property offers 31,861 square feet of flexible space across three buildings situated on 2.47 acres. Building 1 (13,269 SF) and Building 2 (14,892 SF) were constructed in 2001, while Building 3 (3,700 SF) was added in 2007. The property boasts a steel frame, metal roof with gutters, and a 24-foot ceiling height. It's equipped with heavy power (400a 3-phase), a fully fenced lot with four access gates, and ample paved parking (66 spaces) with lighting. Utilities include Clay Electric Co. and Clay Utilities, with public sewage. The property is located in Flood Zone X and features six individual HVAC systems (installed 2017), making the main warehouse climate-controlled. ADA-compliant bathrooms are conveniently located throughout the complex. Enhancements include a roadside pylon sign and two wall-mounted building signs, along with a 20.44 DCkW solar system and an Energy Performance Rating of A. The property is zoned Industrial (IL) by exception, previously used for retail, and is currently vacant, ready for immediate occupancy. Its strategic location in North Florida provides easy access to major interstates I-10, I-75, and I-95, placing it between Jacksonville, Gainesville, Ocala, and Lake City.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Construction STEEL FRAME
Total area 13,269 SF
Lot 260.72 ac (11,357,100 SF)
APN 20-08-23-002189-011-00
UPID US18-0575237

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office

Location

200 NE Commercial Cir Keystone Heights, FL 32656
Keystone Heights metro Census 31109 JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.27M

Owner & transaction history

since 2023
Last sale
$1.1M
7 recorded transactions
2023
$1.1M
2022
Price N/A
2016
$925,000
2015
$1.8M
2012
Price N/A
2005
$115,000
1999
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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