11275 OLD DIXIE Highway
About This Property
This 3.3 acres zoned Agriculture yet located close to Nease H.S.is perfect for you.
Mobile Home permitted and ideal for growing your own vegetable garden and raising small livstock. Horses permitted and property has Artesian well. Originally $699,000 reduced for quick sale. Only location east of US1 that the comprehensive plan still designates as Agricultural.
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2022 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Sold | ||
| Sold | |||
| May 3, 2011 | Listed by ST JOHNS REALTY | $329,900 | |
| Listed by ST JOHNS REALTY | |||
| Mar 24, 2009 | Listed by ST JOHNS REALTY | $395,000 | |
| Listed by ST JOHNS REALTY | |||
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Great business and investment opportunity. This 3.32 acre parcel is surrounded by Nocatee on two sides with direct access to US1.
Currently rented to long term tenants, it is a great location for owner occupancy and has well, septic, electric, large garage and has been cleared.
2,000 sq. ft. modular DCA approved office building available separately for $40,000.00 Also see MLS 579079.
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| Oct 16, 2008 | Listed by PONTE VEDRA REALTY | $795,000 | |
| Listed by PONTE VEDRA REALTY | |||
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This 3.32 acres of prime development property is bordered by a 14 acre parcel owned by Nocatee on the south and on the west side by 5 acres of commercial property fronting on US 1.
Ideal for major office park or buy in conjuction with the adjoining 5 acres on US 1 for major retail/office development bordering US 1, Old Dixie Hwy. and Nocatee.
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About Nocatee
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 579079
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