463185 Sr-200
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463185 Sr-200
2,419 SF Retail Building Yulee, FL 32097 $1,300,000 ($537/SF)
Investment Highlights
- Clear Visibility on the Fronting A1A/SR-200, 47,500 ADT, With Immediate Proximity to Major Signalized Intersection
- Extensive Residential and Commercial Growth and Development Nearby
- Occupancy Available June 2025
- Substantial Renovations in 2020
Executive Summary
Marcus and Millichap is pleased to present the subject property located at 463185 State Road 200 Yulee, FL 32097. Built in 1996 and renovated in 2020, the building is situated on 0.56 acres and is in the immediate proximity of a major signalized retail artery intersection of the fronting A1A/SR-200, 47,500 AADT, and US-17, 14,200 AADT. This 2,419 SF single-tenant structure is currently occupied by Starting Point, which is under lease until May 2025, enabling an investor or an owner-user the opportunity to acquire the property and achieve occupancy with a tenant-in-tow or occupy the premises themselves in short order. Substantial growth is underway involving the second phase of the Wildlight community, which started in 2022, directly to the west, northwest, north, and northeast encompassing approximately 15,000 acres and 15,000 residential units upon full build-out.
Over the ?fteen-year span of 2020-2035, the Bureau of Economic Business & Research (BEBR) predicts Nassau will be the seventh fastest growing county in the State of Florida (by %) with a projected population expansion of 47.5%, resulting in over 137,200 people calling Nassau home by 2035.
Over the ?fteen-year span of 2020-2035, the Bureau of Economic Business & Research (BEBR) predicts Nassau will be the seventh fastest growing county in the State of Florida (by %) with a projected population expansion of 47.5%, resulting in over 137,200 people calling Nassau home by 2035.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,419 SF
Building Class
B
Year Built/Renovated
1996/2020
Price
$1,300,000
Price Per SF
$537
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.62 AC
Opportunity Zone
Yes
Zoning
CG
Parking
20 Spaces (8.27 Spaces per 1,000 SF Leased)
Frontage
100 FT on Sr-200
Amenities
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
Parcel Number | 51-3N-27-0000-0043-0000 | Improvements Assessment | $281,165 |
Land Assessment | $182,625 | Total Assessment | $463,790 |
PROPERTY TAXES
Parcel Number
51-3N-27-0000-0043-0000
Land Assessment
$182,625
Improvements Assessment
$281,165
Total Assessment
$463,790
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463185 Sr-200
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