14975 Highway 19Cross City, FL 32628

Property Details for 14975 Highway 19

Year built

1955

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.92 AC

Property size (Sq ft)

1,008 SF

Zone code

C-1

Property type

Retail properties

APN

05-10-12-0000-2046-000.0

APU

51012000020460000

Description

This 1.15-acre commercial property in Cross City, Florida, is ideally situated on Highway 19, boasting approximately 250 feet of road frontage. The asking price is $175,000. The property includes a 1,008 square foot building constructed in 1970, featuring a restroom. Two existing carports are included in the sale. The property's versatile nature makes it suitable for a variety of commercial uses, including a shop, car wash, boat repair facility, or automotive lot. Its prime location and ample space offer significant potential for business growth. Legal description: 1.15 AC 5 10 12 BG AT PT 931 FT S OF NE CNR OF SW1/4 OF NW1/4 BEING N LE OF SR #55 RN N 62D W 704 FT TO POB RN N 27D E 200 FT N 62D W 250 FT S 27D W 200 FT S 62D E ALG N LE OF R/W 250 FT TO POB OR BK 89 PG 282 & ORB 122 P 332 EASEMENT-OR BK 76 PG 08 OR BK 143 PG 153 & 154 ORB 179 P 409(DC) ORB 393 P. The property is located at 14975 Hwy 19, Cross City, FL 32628.

• CAP approach

  CAP return

  Valuation

  6%

  $279,214

  6.5%

  $257,736

  7%

  $239,326

• Comparable approach

  Method

  Valuation

  Relative Method

  $180,580

  Geo Method

  $180,580

• Alternative Use

  Use

  Valuation

  Residential

  $217,410

  Hospitality

  $199,146

  Educational

  $165,687

  Medical

  $171,386

  Retail

  $257,736

Location Insight

City

Cross City

County

Dixie

State

Florida

Latitude

29.6446

Longitude

-83.1495

Property Tax & Assessments

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