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Property profile & analytics
FOR SALE
Automotive properties

988 E Us Highway 90 Madison, FL 32340

1,930 SF 1.93 ac lot Built 1940
Individually Owned 3-yr Hold Free & Clear
Property ID
US18-3903203
Property summary
AI-generated overview

This exceptional 1.93-acre commercial property boasts an enviable location just off US Highway 90 in Madison County, Florida. The property offers unparalleled visibility with an impressive 300 feet of frontage along the highway, ensuring high traffic exposure for any business venture. The existing structures include a versatile three-bedroom, one-bathroom home/office, ideal for owner-occupancy or conversion to a single-family residence. A convenient garage, a functional paint booth, and a substantial pole barn provide ample storage and workshop space, catering to a variety of potential uses. The property's unique layout offers access from three paved roads and one dirt road, providing multiple entry points and enhanced accessibility. Situated outside city limits, this location offers the advantages of reduced regulations while still maintaining excellent visibility and exposure for future business development. The combination of highway frontage, multiple buildings, and ample acreage makes this property a truly rare find, presenting a wealth of opportunities for entrepreneurs and investors alike. The existing structures are ready for immediate use or can be easily adapted to suit a wide range of commercial or residential needs. This is a unique opportunity to acquire a versatile and strategically located property with significant potential for growth and return on investment.

Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1940
Construction STEEL FRAME
Total area 1,930 SF
Lot 1.93 ac (84,245 SF)
APN 00-00-00-4682-000-000
UPID US18-3903203
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Richard T Maurice · 3 yrs held
Richard T Maurice
since 2022
Last sale
$43,571
4 recorded transactions
2022
Price N/A
2010
$43,571
2006
Price N/A
2001
$65,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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