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    881 N State Road 21 Melrose, FL 32666
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    Property profile & analytics

    881 N State Road 21, Melrose, FL 32666

    View on Map

    • Retail space
    • 8,400 SF
    • 2.96 lot acres
    Melrose Retail Investment Opportunity For Sale
    $1,188,337
    9,440 SF

    Melrose Retail Investment Opportunity

    NNN leased Family Dollar with CPI-linked increases.

    881 N State Rd 21, Melrose, FL
    View Listing
    Property ID
    US18-2467540
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 881 N State Road 21

    Year built
    2014
    Construction
    STEEL FRAME
    Lot size
    2.96 lot acres
    Property type
    Retail space
    APN
    18-09-23-0000-075.3-004.0
    APU
    180923000007530040

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 30, 2018 $1,223,500 Sri Aruna LLC Arcp Fd 2014 Alb Portfolio I LLC Special Warranty Deed $9.1M · Unify Financial FCU
    Sep 11, 2014 $1,205,200 Fd 2014 Alb Portfolio I Arcp Sb Melrose Fds LLC Grant Deed —
    Mar 10, 2014 $132,500 Sb Melrose Fds LLC Elkin,michele & George G Warranty Deed $1.1M · Gulfstream Funding LLC
    Aug 11, 2006 $286,500 Michael T Thompson Lake Area Realty INC Quit Claim Deed · related —
    Aug 11, 2006 — Lake Area Realty INC Thompson,michael T & Sandra A Quit Claim Deed · related —
    Mar 9, 2005 $110,000 Michele Elkin Five Masters Corp Warranty Deed —
    Apr 20, 2004 $75,000 Michael Thompson Five Masters Corp Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,963,000
      Market price range: $553k - $1.96M
      AI Estimate
      $1,963,000
      Market price range: $553k - $1.96M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $3,200,000
      COMMERCIAL (GENERAL)
      $1,475,000
      OFFICE BUILDING
      $1,200,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Putnam
    State
    Florida
    Longitude
    -82.0456
    Latitude
    29.7151
    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
    $20,612
    $0.00
    $0.00
    $1,260,430
    -
    $139,240
    $1,121,190
    $1,260,430
    View Listing
    More about this property
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