7251 State Rd 24 Cedar Key, FL 32625-2568
This exceptional 1.3-acre commercial land parcel in Leon County, Florida, presents a unique investment opportunity. Located at 7251 SW State Rd 24, Cedar Key, FL 32625 (APN 1746500000), this cleared lot is priced at $80,000. Previously planned for a veterinary clinic, the property includes an existing septic tank, ready for activation. While well and power pole installation are required, power is readily accessible through Central Florida Electric Co-Op, simplifying development. Situated just eight miles from Cedar Key, this location offers easy access to the Gulf of Mexico, Wacassassa River, and Suwannee River, providing abundant recreational opportunities. Nearby attractions include natural springs, nature trails, and birdwatching areas. Cedar Key itself boasts a vibrant culinary scene, boat tours, and opportunities for kayaking, golf carting, and fishing. The property's strategic location off Highway 24 ensures high visibility and convenient access for potential businesses. This property is ideal for entrepreneurs seeking a blank canvas for commercial development or those looking to build a home in a beautiful coastal setting. The combination of prime location, existing infrastructure, and recreational proximity makes this a compelling investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.