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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    851 Macclenny Ave W Macclenny, FL 32063

    • Commercial real estate
    For Sale
    View listing
    $500,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6038847
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 851 Macclenny Ave W

    Year built
    1980
    Property type
    Commercial real estate

    Description

    This exceptional 4.33-acre commercial property, located at 851 Macclenny Avenue West in Macclenny, Florida (zip code 32063), presents a unique investment opportunity. The property, built in 1980, is classified as mixed-use and sits on a substantial 188,614.8 square foot lot. The single-story structure includes a mobile home, which is currently rented on a month-to-month basis and is considered to have no monetary value. The sale includes this mobile home. This prime location offers significant potential for various commercial ventures. A key advantage is the possibility of acquiring additional adjoining road frontage, expanding the property's footprint and development potential. The asking price for this expansive property is $500,000. This represents a compelling opportunity to acquire a substantial commercial parcel in a growing Florida market. The Baker County location provides easy access to key transportation routes and offers a strong foundation for future growth and development. Serious inquiries are encouraged to explore the full potential of this remarkable property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Macclenny
    County
    BAKER
    State
    Florida
    Longitude
    -82.1115294
    Latitude
    30.2844487

    Comparable in this City

    • $975,000

      Macclenny Mixed-Use Investment Opportunity

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    • $1,900,000
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      Macclenny, FL Commercial Land

      3-acre commercial land zoned for diverse uses in Macclenny, FL.
      9536 Sr 228, Macclenny, FL 32063
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    • $500,000
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      Macclenny Commercial Property for Sale

      4.33 AC commercial property in Macclenny, Florida.
      851 Macclenny Ave W, Macclenny, FL 32063
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    • $449,500
      1.85 Acres

      Macclenny Commercial Land - I-10 Access

      1.85 Acres, High Traffic, Enterprise Corridor
      228 Macclenny Ave, Macclenny, FL 32063
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    • $199,950

      Macclenny Building Lot Opportunity

      Building lot with dual access points in Macclenny, Florida.
      State Road 228, Macclenny, FL 32063
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    • $199,975

      26 Acres on SR 121

      26 acres of land for sale in Macclenny, Florida.
      6Th St, Macclenny, FL 32063
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    Similar Nearby for Sale

    • $975,000

      Macclenny Mixed-Use Investment Opportunity

      Fully occupied mixed-use property in Macclenny's central business district.
      24 S College St, Macclenny, FL 32063
      View Details
    • $449,500
      1.85 Acres

      Macclenny Commercial Land - I-10 Access

      1.85 Acres, High Traffic, Enterprise Corridor
      228 Macclenny Ave, Macclenny, FL 32063
      View Details
    • $199,950

      Macclenny Building Lot Opportunity

      Building lot with dual access points in Macclenny, Florida.
      State Road 228, Macclenny, FL 32063
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    • $199,975

      26 Acres on SR 121

      26 acres of land for sale in Macclenny, Florida.
      6Th St, Macclenny, FL 32063
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    • $4,250,000
      51.52 Acres

      Macclenny, FL Industrial Land

      51.52 acres zoned Industrial, ready for business venture.
      Us Highway 90, Macclenny, FL 32063
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    • $1,900,000
      3.00 Acres

      Macclenny, FL Commercial Land

      3-acre commercial land zoned for diverse uses in Macclenny, FL.
      9536 Sr 228, Macclenny, FL 32063
      View Details

    Similar Nearby for Lease

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    • $6,900 /Mo

      Downtown Macclenny Two-Story Building

      Two-story building in downtown Macclenny, approximately 7,000 square feet.
      233 E Macclenny Ave, Macclenny, FL 32063
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      Macclenny Retail Opportunity For Rent

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      Former bakery space for lease, suitable for food-related businesses.
      1 W Macclenny Ave, Macclenny, FL 32063
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    • $1,159 /Mo

      Macclenny Commercial Space For Rent

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    851 Macclenny Ave W
    Macclenny, FL 32063
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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