Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10101 289TH STREET E Myakka City, FL 34251

    View on Map
    For Sale
    $450,000

    Land - MYAKKA CITY, FL

    Lot size:
    4.99 Acres
    Added:
    Jul 25, 2025
    Days on Market:
    251
    Last Refresh:
    Apr 1 at 11:06 am

    Property Features for 10101 289TH STREET E

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A
    Pets allowed
    Yes
    Standard status
    Active
    APN
    172201956
    Lot size
    4.99 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    1647

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Rachel Woodruff, PA

    Listing agent Rachel Woodruff, PA License #0694194

    Listing office HOUSE MATCH 6320 Venture Dr St 205, Lakewood Ranch, FL

    Listing date Jul 25, 2025

    MLS# A4661180 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Expansive Vacant Land in Myakka

    This expansive vacant land in Myakka City offers numerous possibilities. The generously sized 4.99-acre lot provides an ideal space for creating a rural retreat, agricultural enterprise, or weekend getaway. The property is located in Florida's countryside and offers tranquility and space due to its agricultural zoning. The location balances rural serenity with convenient access to amenities. The nearby Old Miakka Preserve provides opportunities for outdoor recreation, hiking, and wildlife observation. This agricultural land provides access to both Sarasota and Bradenton, ensuring proximity to shopping, dining, healthcare, and cultural attractions. The land provides a foundation for agricultural or residential dreams, whether raising livestock, cultivating crops, or creating private gardens and recreational spaces. The property is located at 10101 289TH STREET E, MYAKKA CITY, FL 34251 and is zoned A.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Real Estate Agency Auto Repair Shop Gym & Fitness Center Kitchen & Bath Showroom Garden Center Cafe & Coffee Shop Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Myakka City
    County
    Manatee
    State
    Florida
    Longitude
    -82.2373649
    Latitude
    27.3578117

    Nearby Similar for Sale

    • $900,000
      3,338 SF

      Myakka City Commercial Complex

      Commercial complex in Myakka City with multiple buildings.
      37220 GLENWOOD AVENUE, MYAKKA CITY, FL 34251
      View Details
    • $350,000

      Cattle Ready Myakka City Farm

      7 acre cattle farm with wells, barn, and pond.
      7631 Wauchula Road, Myakka City, FL 34251
      View Details
    • $835,000

      20 Acres in Myakka City

      20.15 acres ideal for homestead or agricultural pursuits.
      12980 And 12990 RIVER ROAD, MYAKKA CITY, FL 34251
      View Details
    • $395,000

      Myakka City Prairie Land

      Seven acres of flat, dry prairie land in Myakka City.
      14780 SUGAR BOWL ROAD, MYAKKA CITY, FL 34251
      View Details
    • $1,000,000

      Established Orange Grove Barndominium

      Turn-key farmstead with income-producing grove and modern living.
      32715 SINGLETARY ROAD, MYAKKA CITY, FL 34251
      View Details
    • $320,000

      Cleared Land Parcel Near Park

      5-acre parcel in Myakka City, ready for your vision.
      39605 TAYLOR ROAD, MYAKKA CITY, FL 34251
      View Details
    • $259,000

      Myakka City Land Opportunity

      5.7-acre corner lot in equestrian community, ideal for custom home.
      40710 11TH AVENUE E, MYAKKA CITY, FL 34251
      View Details
    • $260,000

      Equestrian Land in Winding Creek

      5.49-acre homesite in equestrian community with training center and trails.
      2107 405 CT E, MYAKKA CITY, FL 34251
      View Details
    • $345,000

      5.25 Acres in Myakka City

      5.25-acre property with majestic oak trees, ideal for building.
      14935 COKER GULLY ROAD, MYAKKA CITY, FL 34251
      View Details
    • $449,000

      Spacious Land Parcel in Myakka

      5.25-acre parcel ideal for building your dream home.
      4685 WATERBURY ROAD, MYAKKA CITY, FL 34251
      View Details
    • $675,000
      980 SF

      Corner Lot in Growing Myakka

      Prime corner lot in Myakka City, Florida, near new developments.
      37015 STATE ROAD 70 E, MYAKKA CITY, FL 34251
      View Details
    • $675,000

      Prime Corner Lot in Myakka

      Almost 1.5 acres at a highly visible corner.
      STATE ROAD 70 E, MYAKKA CITY, FL 34251
      View Details

    FAQs

    What type of property is this?
    Land - Large vacant land in Myakka City, perfect for rural retreat.
    Where is this land located?
    The property is located at 10101 289TH STREET E Myakka City, FL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Expansive vacant land in Myakka City, offering ample space for a custom rural retreat or agricultural enterprise.; Agricultural zoning provides freedom to build and develop without urban restrictions.; Convenient access to both Sarasota and Bradenton for shopping, dining, and healthcare.
    (941) 705-8686
    We can help!
    Listing Contact
    Rachel Woodruff, PA
    Real Estate License ID: 0694194
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!