Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    OLD BOWLING GREEN ROAD Fort Meade, FL 33841

    View on Map
    Claim this Listing
    For Sale
    $700,000

    Land - FORT MEADE, FL

    Lot size:
    53.30 Acres
    Added:
    Dec 31, 2023
    Days on Market:
    859
    Last Refresh:
    May 8 at 10:06 am

    Property Features for OLD BOWLING GREEN ROAD

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Paved
    Standard status
    Active
    APN
    25-32-21-000000-031010
    Lot size
    53.30 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Annual Amount
    7.73

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jared Weggeland
    Jared Weggeland

    Listing agent Jared Weggeland License #3343727

    Listing office KELLER WILLIAMS REALTY SMART 218 E. Pine Street, Lakeland, FL

    Listing date Dec 31, 2023

    MLS# L4941094 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

    • Over 50 acres of prime land, perfect for your next project.
    • Two leveled parcels suitable for a buyer or developer.
    • Conveniently located near Hwy 17/98.
    • Includes a 12‑inch well.
    • East property line backs up to picturesque pond views.
    • Paved exterior features.

    Overview

    53 Acres of Prime Land

    This property features over 50 acres of land, consisting of two leveled parcels situated near Highway 17/98 in Fort Meade. The east property line offers views of a picturesque pond. A 12-inch well is located near the center of the property. The land is located minutes from Highway 17.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Fort Meade
    County
    Polk
    State
    Florida
    Longitude
    -81.8265157
    Latitude
    27.6464719

    Nearby Similar for Sale

    • $60,000

      Prime Land in Fort Meade

      High-visibility land parcel suitable for various commercial uses.
      7 4TH STREET SE, FORT MEADE, FL 33841
      View Details
    • $225,000
      1,088 SF

      Charming Duplex in Fort Meade

      Duplex with updated flooring, ideal for investors or owner-occupants.
      108 E BROADWAY STREET, FORT MEADE, FL 33841
      View Details
    • $1,152,250

      Established Bamboo Farm Investment Opportunity

      46-acre farm with commercial bamboo and buyback contract.
      1015 MOUNT PISGAH ROAD, FORT MEADE, FL 33841
      View Details
    • $299,999

      9+ Acre Agricultural Land Opportunity

      9+ acres in Fort Meade, ideal for bamboo farm.
      GARFIELD ROAD, FORT MEADE, FL 33841
      View Details
    • $692,714

      Turn-Key Agricultural & Commercial Land

      20+ acres in Central Florida, ready for agricultural or commercial.
      4900 J JACKSON Rd, Fort Meade, FL 33841
      View Details
    • $195,000
      1,274 SF

      Commercial Investment in Fort Meade

      Commercial property in Fort Meade, suitable for various business ideas.
      34 4TH STREET SW, FORT MEADE, FL 33841
      View Details
    • $138,000

      Fort Meade Vacant Land Parcel

      5.54 acre vacant land ideal for rural living.
      0 Old Bowling Green Rd Lot 10, Fort Meade, FL 33841
      View Details
    • $138,000

      5.54 Acres Vacant Land

      Vacant land perfect for rural living or agricultural use.
      0 OLD BOWLING GREEN RD, FORT MEADE, FL 33841
      View Details
    • $399,900
      4,800 SF

      Historic Coca-Cola Bottling Plant

      Unique 4,800 sqft commercial building on .624 acres.
      214 1ST SW STREET, FORT MEADE, FL 33841
      View Details
    • $189,999

      Vacant Lot in Gated Community

      Two-acre vacant lot with lake access near Fort Meade.
      Tbd TIMBERS DRIVE, FORT MEADE, FL 33841
      View Details
    • $110,000

      5-Acre Homesite in Fort Meade

      Homesite property with paved road frontage near Fort Meade, FL.
      TBD Singletary Road, Fort Meade, FL 33841
      View Details
    • $35,000

      Undeveloped Land Parcel in Fort Meade

      1.25-acre parcel with potential for future development.
      0 HIGHWAY 60, FORT MEADE, FL 33841
      View Details

    FAQs

    What type of property is this?
    Land - Two leveled parcels near Hwy 17/98, ready for development.
    Where is this land located?
    The property is located at OLD BOWLING GREEN ROAD Fort Meade, FL.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Over 50 acres of prime land, perfect for your next project.; Two leveled parcels suitable for a buyer or developer.; Conveniently located near Hwy 17/98.
    (863) 640-2246
    We can help!
    Listing Contact
    Jared Weggeland
    Jared Weggeland
    Real Estate License ID: 3343727
    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

    Thank You for Inquiry
    OLD BOWLING GREEN ROAD, FORT MEADE, FL 33841
    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!