988 E Us Highway 90 Madison, FL 32340
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.