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Property profile

8744 State Rd 21 Melrose, FL 32666

OFF-MARKET
Banks
Property ID
US18-3157480
3,412 SF 0.34 ac lot Built 1973
Last sale Sep 2020 · $245,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 3,400-square-foot commercial building is located directly on State Road 21. The property is zoned Planned Commercial Development District (Zone PCD) and supports a range of non-residential uses including commercial and retail activities, offices, clinics, and professional uses, along with residential dwellings as an accessory use. The building has previously been used as a bank and a pharmacy and is configured to include an auto sales dealership use along with a separate office area; it may…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$155k
Assessed land$17k
Assessed improvement$138k
Effective rate1.52%

Value estimate

· Oct 2026
$210k
$189k – $231k
AI approach$205k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BA
The intent of this zone is to provide retail stores and shops etc.
General categoryCOMMERCIAL
JurisdictionCLAY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.1
Building Supply8.8
Storage Facility8.7

Location

8744 State Rd 21 Melrose, FL 32666-8809
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
840 State Rd 21, Melrose, FL 32666-3953 $475,000 Mar 2025 11,668 SF
5910 Hampton, Melrose, FL 32666-6217 $350,000 Aug 2023 4,009 SF
1175 County Rd 315, Melrose, FL 32666 $125,000 May 2021 2,011 SF
3212 State Rd 21, Melrose, FL 32666-5333 $2,075,000 Aug 2019 33,258 SF
3186 State Rd 21, Melrose, FL 32666-5333 $510,000 Jun 2019 9,504 SF
5998 Ctr, Melrose, FL 32666-6208 $145,000 Jan 2019 2,861 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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