Property profile

827 State Rd 21 Melrose, FL 32666

OFF-MARKET
Distribution centers
Property ID
US18-4225767
3,400 SF 0.74 ac lot Built 1986
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,400 SF
Lot 0.74 ac (32,234 SF)
APN 18-09-23-0000-039.0-000.0
UPID US18-4225767

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
  • Storage Facility

Location

827 State Rd 21 Melrose, FL 32666
Melrose metro Census 950300 PALATKA, FL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$730k
Comparable Approach Comparable
by Request
Blend (final) Blend
$710k

Owner & transaction history

since 2023
Last sale
$699,000
4 recorded transactions
2023
$699,000
1999
$221,300
1996
Price N/A
1996
$65,800

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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