267 Randle Ave Oak Hill, FL 32759
This exceptional 9,147.6 square foot commercial lot in Oak Hill, Florida, presents a unique investment opportunity. Situated on Randle Avenue, this property boasts a prime location just steps from the Intracoastal Waterway, offering unparalleled access to the renowned Mosquito Lagoon. The lot has been recently cleared, simplifying development plans. An existing seawall is in excellent condition, and a dock is ready for immediate use, perfect for boating enthusiasts. The southeast-facing orientation provides stunning sunrise views and even offers glimpses of Cape Canaveral rocket launches. The property's proximity to New Smyrna Beach adds to its appeal, providing a tranquil setting with the sounds of the ocean nearby. Surrounded by attractive new construction, this lot is ideal for a variety of commercial ventures, capitalizing on its waterfront location and the area's growing popularity. The property is located in Volusia County, Florida, with the address 267 Randle Avenue, Oak Hill, FL 32759. The asking price is $385,000. This is a rare chance to acquire a well-positioned commercial lot in a highly desirable coastal location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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