$275,000
●
Land -
For Sale
102 NE HIGHWAY 441
MICANOPY, FL 32667
Studio
0 Bath
$1,493
Est. Monthly
About This Property
Prime Commercial Property with road frontage on US Highway 441
located in Historic Micanopy! Located next to Pearls Country
Store & Barbecue at the intersection of County Road 234 & US Hwy
441. This 7.94 acre parcel offers road frontage on both CR
234 & US Hwy 441. Total road frontage approximately 668 feet.
Seller offering "for sale" to potential Buyer to select "1.5
acres" of this parcel for the construction of their Business
enterprise, creating a new parcel. Additional acreage is
available for sale as needed, with additional acreage price
negotiable. Zoning on this property qualifies for many uses.
Great location with daily High Traffic counts!
Unit Size
-
Days on Market
631 days
Land Size
1.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$142
HOA Dues
-
Year Built
-
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (Stellar MLS #GC527653)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 19, 2025 | Listed by REMAX SELECT PARTNERS | $275,000 | |
| Listed by REMAX SELECT PARTNERS | |||
| Oct 26, 2023 | No longer available | - | |
| No longer available | |||
| Aug 22, 2023 | Listed by Anson Properties LLC | $275,000 | |
| Listed by Anson Properties LLC | |||
| | |||
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Discover an exceptional investment opportunity with this expansive 1-acre property boasting a strategic location along the bustling US Highway 441 with over 10,000 vehicles passing per day in Micanopy. With an impressive 411 feet of frontage on this major thoroughfare, as well as additional frontage on CR 234, this parcel offers unparalleled visibility and accessibility for a variety of ventures. The 1 acre will be split off from 7.94 acres and is prime for development. It is Zoned C-2 allowing for a multitude of potential uses from enterprises, retail, and commercial ventures. An ideal prospect for both end-users and buy-and-hold investors looking to capitalize on the prime location and long-term growth prospects of the area.
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Property Highlights
Exterior Details
Building Area Units: Square Feet
Lot Features: Wooded
Lot Size Area: 1.5
Lot Size Units: Acres
Lot Size Acres: 1.5
Lot Size Square Feet: 65340
Lot Size Dimensions: irregular
Water Source: Public, See Remarks
Financial Details
Tax Annual Amount: $1,706
Utilities Details
Sewer : Septic Needed
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About Micanopy
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Listed by: Jay Rist
REMAX SELECT PARTNERS
Last Updated: 3 months ago
Data Source: Stellar MLS, MLS# GC527653
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
REMAX SELECT PARTNERS
Last Updated: 3 months ago
Data Source: Stellar MLS, MLS# GC527653
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017