645 Old San Mateo Rd San Mateo, FL 32187
This exceptional 5.35-acre commercial land parcel in San Mateo, Florida, is available for purchase at $342,000. Ideally situated on Highway 17, this prime location offers high visibility and easy access. The property is zoned C-2 Commercial (BU-1), permitting a variety of development options. Preliminary plans suggest the site can accommodate a 1,250-square-foot building with approximately 36 parking spaces. Potential uses include gas stations, quick-serve restaurants, and rural lifestyle retail establishments. Its strategic location boasts proximity to the St. John's River, enhancing its appeal. Nearby amenities include Dollar General, Bloomers Garden Center, Browning Pearce Elementary School, and various places of worship, creating a vibrant and established community surrounding the property. The property's APN is 39-10-27-0000-0220-0000. This is a for-sale-by-owner opportunity. Don't miss this chance to acquire a highly desirable commercial site in a thriving Florida location.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.