Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Corner Lot Near Lake Kathryn Title is generated by Realmo AI

    MARYLAND STREET, Paisley, FL 32767

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land - PAISLEY, FL

    Lot size:
    0.23 Acres
    Added:
    Apr 13, 2026
    Days on Market:
    53
    Last Refresh:
    Jun 4 at 3:06 pm

    Property Features for MARYLAND STREET

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-7
    Exterior features
    Corner Lot, Paved, Unpaved
    Standard status
    Active
    APN
    15-17-28-0200-005-02500
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    280.48

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Danielle Hagstrom
    Danielle Hagstrom

    Listing agent Danielle Hagstrom License #3247781

    Listing office CHARLES RUTENBERG REALTY ORLANDO 631 S Orlando Avenue Suite 200, Winter Park, FL

    Listing date Apr 13, 2026

    MLS# V4948439 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.

    HighLights

    • Corner lot location near Lake Kathryn.
    • Zoned "R‑7" Mixed Residential, allowing for single‑family and multifamily housing.
    • Manufactured, modular, and site‑built homes are all permitted.
    • Located in a rural setting with convenient access to amenities.
    • Suitable for both homeowners and investors.
    • 0.23‑acre lot in a growing area of Central Florida.

    Overview

    This 0.23-acre corner lot is located in the rural community of Paisley, Florida, a few streets away from Lake Kathryn, at the corner of Maryland St and Wilma Ave. The property is zoned "R-7" Mixed Residential District, which allows for both single-family and multifamily housing within the Urban Future Land Use Category. This zoning provides flexibility for various building options, including manufactured homes, modular homes, and site-built single-family residences. This lot presents opportunities for homeowners and investors in a growing area of Central Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Paisley
    County
    Lake
    State
    Florida
    Longitude
    -81.4994903
    Latitude
    29.008289

    Nearby Similar for Sale

    • $1,395,000
      3,122 SF

      Profitable Restaurant with Liquor License

      Commercial property with a 4COP liquor license and profitable business.
      25031 COUNTY ROAD 42, PAISLEY, FL 32767
      View Details
    • $500,000
      3,388 SF

      Established Restaurant on County Road

      Turnkey Italian restaurant with loyal customer base and growth potential.
      24929 COUNTY ROAD 42, PAISLEY, FL 32767
      View Details
    • $2,750,000
      2,275 SF

      Farm with Cottage and Lake

      Unique property featuring a pool home, cottage, and equestrian facilities.
      42554 MAGGIE JONES ROAD, PAISLEY, FL 32767
      View Details
    • $30,000

      Residential Land in Lakeview Park

      0.34 acre lot with views and paved roads.
      27654 COUNTY ROAD 42, PAISLEY, FL 32767
      View Details
    • $400,000

      Residential Land in Paisley, Florida

      18+ acre residential land parcel, build your dream home!
      FISHERMANS ROAD, PAISLEY, FL 32767
      View Details
    • $100,000

      Lakefront Land in Paisley, Florida

      1.76 acre lakefront property to build your dream home.
      PINE VALLEY DRIVE, PAISLEY, FL 32767
      View Details
    • $20,000

      Vacant Land in Paisley, Florida

      Unspoiled vacant lot in rural Paisley, Florida, under quarter-acre.
      GEORGIA STREET, PAISLEY, FL 32767
      View Details
    • $45,000

      Vacant Lot in Lake County

      Vacant land available in Paisley, Lake County, Florida.
      28-17-28-0004-000-03100 Buck Run Drive, Paisley, FL 32767
      View Details
    • $14,500

      Vacant Lot in Lake County

      Vacant land available in Paisley, Lake County, Florida.
      15-17-28-0200-009-00100 Georgia Street, Paisley, FL 32767
      View Details
    • $39,900

      Cleared Lot Ready For Home

      Cleared lot with well, power, and impact fee credits.
      28815 AZALEA AVENUE, PAISLEY, FL 32767
      View Details
    • $29,900

      Land Ready for Development

      Cleared land suitable for site-built or manufactured homes.
      PALM STREET, PAISLEY, FL 32767
      View Details
    • $20,000

      Paisley Buildable Lot For Sale

      Buildable lot in Paisley, offering peaceful country living.
      PALMETTO CIRCLE, PAISLEY, FL 32767
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.23-acre corner lot near Lake Kathryn in Paisley, Florida.
    Where is this residential land & home lot located?
    The property is located at MARYLAND STREET Paisley, FL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Corner lot location near Lake Kathryn.; Zoned "R‑7" Mixed Residential, allowing for single‑family and multifamily housing.; Manufactured, modular, and site‑built homes are all permitted.
    (386) 479-2005
    We can help!
    Listing Contact
    Danielle Hagstrom
    Danielle Hagstrom
    Real Estate License ID: 3247781
    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

    Thank You for Inquiry
    MARYLAND STREET, PAISLEY, FL 32767
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!