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    4611 SE HIGHWAY 31 Arcadia, FL 34266

    View on Map
    For Sale
    $62,000

    Land - ARCADIA, FL

    Lot size:
    1.21 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    30
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 4611 SE HIGHWAY 31

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RSF-3
    Standard status
    Active
    APN
    21-38-25-0223-00A0-0440
    Lot size
    1.21 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    1074.56

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Mark Marsicovetere
    Mark Marsicovetere

    Listing agent Mark Marsicovetere License #3224401

    Listing office KELLER WILLIAMS ISLAND LIFE REAL ESTATE 206 Harbor Drive S., Venice, FL

    Listing date Mar 2, 2026

    MLS# A4684611 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

    Arcadia Land with Dual-Zoning Potential

    Located just outside Arcadia, Florida, this offering comprises four contiguous lots presenting a versatile opportunity. The properties provide a canvas for various visions, from a single home-site to a multi-lot assembly. Flexible ownership options allow purchasing a single lot or combining multiple parcels to secure street-to-street access from interior roads to the main highway. Two lots are zoned AG, offering versatility for starting a mini-ranch, establishing an off-grid homestead, or enjoying rural privacy. The other two lots, located directly off Hwy 31, are zoned RSF-3, making them suitable for custom home builds with high-visibility access. There are no deed restrictions, allowing freedom to build and live without HOA constraints. Combining lots creates a private residential entrance off Rye or Oats Avenue while maintaining secondary access or frontage on Highway 31. The location provides natural privacy, surrounded by Florida’s natural beauty, while remaining minutes from local amenities and city conveniences. The current AG and RSF-3 designations offer a range of residential and agricultural uses. The lot size is 1.21 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Big Box & Wholesale Store Hotel & Motel Grocery & Convenience Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Arcadia
    County
    DeSoto
    State
    Florida
    Longitude
    -81.814515
    Latitude
    27.157609

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    FAQs

    What type of property is this?
    Agricultural land / Farmland - Versatile acreage suitable for residential or agricultural use.
    Where is this agricultural land / farmland located?
    The property is located at 4611 SE HIGHWAY 31 Arcadia, FL.
    What is the asking price?
    The asking price for this property is $62,000.
    What are key features of this property?
    This property features: Dual‑Zoning (AG and RSF‑3) offers versatile residential and agricultural use potential.; Opportunity to purchase multiple contiguous lots for increased flexibility and street‑to‑street access.; No Deed Restrictions provide freedom in building and land use.
    (941) 246-9773
    We can help!
    Listing Contact
    Mark Marsicovetere
    Mark Marsicovetere
    Real Estate License ID: 3224401
    Learn More
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    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
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