8744 State Rd 21 Melrose, FL 32666-8809
- Banks
- 3,412 SF
- 0.34 lot acres
Aug 12, 2022
Current Use by Public Records
- CrossPoint Church / Baptist Church
- Magic Imports / Ford Dealer / Lincoln Dealer
- U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
Property Details for 8744 State Rd 21
- Year built
- 1973
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.34 lot acres
- Property size
- 3,412 SF
- Zone code
- BA
- Property type
- Banks
- APN
- 07-09-23-005464-000-00
- APU
- 7092300546400000
Description
This exceptional 3,412 square foot commercial property, situated on 1.32 acres at 8744 State Road 21 in Melrose, Florida, presents a remarkable investment opportunity. Its prime location on a busy thoroughfare, just blocks from Lake Santa Fe, ensures high visibility and substantial foot traffic. The property comprises three parcels and features a robust, solid block building ideally suited for a variety of commercial uses. A significant portion of the property is designed as a car lot, offering ample space for vehicle display and showcasing inventory to passing motorists. The building itself is intelligently divided into three distinct sections, providing flexibility for diverse business needs. These sections could easily be configured as sales offices, customer service areas, or maintenance/detailing bays, allowing for a customized layout to meet specific operational requirements. A key advantage is the existing, established U-Haul rental operation, generating a consistent and reliable income stream. This turnkey operation offers a unique blend of functionality, versatility, and profitability, making it an attractive proposition for discerning entrepreneurs seeking a well-established and income-producing commercial property in a desirable location. The asking price is $499,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melrose
- County
- Clay
- State
- Florida
- Longitude
- -82.0471
- Latitude
- 29.7249
- CBSA code
- 27260
- CBSA name
- JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA