1105 Walnut StStarke, FL 32091

Property Details for 1105 Walnut St

Year built

1984

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.53 AC

Property size (Sq ft)

2,301 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

04226-0-00102

APU

4226000102

Description

This exceptional 1.37-acre commercial land parcel presents a remarkable investment opportunity in Starke, Florida. Strategically located at 1105 S Walnut St, 32091, this property boasts 150 feet of frontage on Highway 301, providing excellent visibility and accessibility. The site benefits from multiple access points, including a lighted intersection, and monument signage is available. Its prime location offers convenient access to Highway 301 and a pending cross-access easement to an adjacent shopping center anchored by Tractor Supply, Aldi, and Beall's Outlet. This high-traffic area ensures significant exposure for any commercial development. Furthermore, the property's proximity to major institutions enhances its appeal. It's less than two miles from Santa Fe College (13,675 students) and North Florida Technical College (214 students), and approximately 1.7 miles from North Florida Regional Medical Center and Emergency Room (176 employees), creating a substantial pool of potential customers and employees. This exceptional location and convenient access make this 1.37-acre lot an ideal site for a variety of commercial ventures. The asking price is $899,999. Bradford County location.

• CAP approach

  CAP return

  Valuation

  6%

  $496,901

  6.5%

  $458,678

  7%

  $425,915

• Comparable approach

  Method

  Valuation

  Relative Method

  $156,491

  Geo Method

  $156,491

• Alternative Use

  Use

  Valuation

  Residential

  $568,760

  Hospitality

  $520,982

  Educational

  $433,451

  Medical

  $448,358

  Retail

  $674,256

Location Insight

City

Starke

County

Bradford

State

Florida

Latitude

29.9344

Longitude

-82.1162

Property Tax & Assessments

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