200 Commercial CirKeystone Heights, FL 32656

Property Details for 200 Commercial Cir

Year built

2001

Construction

STEEL FRAME

Lot size

260.72 AC

Property size (Sq ft)

13,269 SF

Property type

Retail properties

Property subtype

Retail space

APN

20-08-23-002189-011-00

APU

20082300218901100

Description

This exceptional Keystone Heights, FL industrial property offers 31,861 square feet of flexible space across three buildings situated on 2.47 acres. Building 1 (13,269 SF) and Building 2 (14,892 SF) were constructed in 2001, while Building 3 (3,700 SF) was added in 2007. The property boasts a steel frame, metal roof with gutters, and a 24-foot ceiling height. It's equipped with heavy power (400a 3-phase), a fully fenced lot with four access gates, and ample paved parking (66 spaces) with lighting. Utilities include Clay Electric Co. and Clay Utilities, with public sewage. The property is located in Flood Zone X and features six individual HVAC systems (installed 2017), making the main warehouse climate-controlled. ADA-compliant bathrooms are conveniently located throughout the complex. Enhancements include a roadside pylon sign and two wall-mounted building signs, along with a 20.44 DCkW solar system and an Energy Performance Rating of A. The property is zoned Industrial (IL) by exception, previously used for retail, and is currently vacant, ready for immediate occupancy. Its strategic location in North Florida provides easy access to major interstates I-10, I-75, and I-95, placing it between Jacksonville, Gainesville, Ocala, and Lake City.

• CAP approach

  CAP return

  Valuation

  6%

  $4,212,198

  6.5%

  $3,888,182

  7%

  $3,610,455

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,274,110

  Geo Method

  $2,274,110

• Alternative Use

  Use

  Valuation

  Residential

  $3,279,827

  Hospitality

  $3,004,304

  Educational

  $2,499,546

  Medical

  $2,585,509

  Retail

  $3,888,182

Location Insight

City

Keystone Heights

County

Clay

State

Florida

Latitude

29.786

Longitude

-82.0286

CBSA code

27260

CBSA name

JACKSONVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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