854 State Rd 21 Melrose, FL 32666-3953
Property profile & analytics
854 State Rd 21, Melrose, FL 32666-3953
- Investment properties
- 997 SF
- 0.31 lot acres
Property ID
US18-4512879
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.
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 854 State Rd 21
- Year built
- 1960
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.31 lot acres
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 18-09-23-0000-080.0-001.0
- APU
- 180923000008000010
Description
This exceptional commercial property, located at 854 N State Road 21 in Melrose, Florida, presents a unique investment opportunity. Priced at $275,000, this mixed-use building boasts a prime location on State Road 21, just north of its intersection with State Road 26. The property enjoys high visibility with an average daily traffic count of 10,500 vehicles, ensuring maximum exposure for any commercial venture. Built in 1960, the building sits on a substantial 13,503.6 square foot lot and is currently leased on a month-to-month basis, offering immediate flexibility for the new owner. The C-2 zoning allows for a wide range of commercial uses, making it suitable for retail stores, office spaces, or other commercial enterprises. Importantly, the existing business and billboard are not included in the sale, providing a blank canvas for the buyer to customize the space to their specific needs. This property represents a compelling investment in a thriving area with significant growth potential. The property's address is 854 N State Road 21, Melrose, FL 32666. This is a rare opportunity to acquire a well-situated commercial building in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Melrose
- County
- Putnam
- State
- Florida
- Longitude
- -82.044
- Latitude
- 29.7119
- CBSA code
- 37260
- CBSA name
- PALATKA, FL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,550
$0.00
$0.00
$97,298
-
$53,030
$44,268
$97,298
