850310 Us Highway 17Yulee, FL 32097

  • Office properties
  • 2,493 SF
For Sale
$499,000 View listing

Property Details for 850310 Us Highway 17

Year built
1980
Construction
WOOD
Lot size
1.00 AC
Property size (Sq ft)
2,493 SF
Zone code
CN
Property type
Office properties
Property subtype
Office buildings
APN
42-2N-27-0000-0075-0010
APU
422N27000000750010

Description

This exceptional commercial investment opportunity in Yulee, Florida, presents a 1,848 square foot building situated on a one-acre lot along US Highway 17. The property offers a tranquil setting with significant expansion potential. The main building comprises 1,048 square feet and features three offices, a reception area, a spacious conference room, and an ADA-compliant restroom. A separate 800-square-foot unit, currently configured as a two-bedroom residential space with a full kitchen and bathroom, provides versatile options. This unit could easily be converted to additional commercial space or serve as on-site manager housing

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $398,880
    6.5%
    $368,197
    7%
    $341,897
  • Comparable approach

    Method
    Valuation
    Relative Method
    $169,549
    Geo Method
    $169,549
  • Alternative Use

    Use
    Valuation
    Residential
    $456,564
    Hospitality
    $418,210
    Educational
    $347,946
    Medical
    $359,912
    Retail
    $541,250
850310 Us Highway 17, Yulee, Florida

Location Insight

City
Yulee
County
Nassau
State
Florida
Latitude
30.5939
Longitude
-81.5988
CBSA code
27260
CBSA name
JACKSONVILLE, FL METROPOLITAN 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
$2,138
$87,120
$48,749
$135,869
-
$87,120
$48,749
$135,869

FAQs

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