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

    SUMTER COUNTY ROAD 214 Oxford, FL 34484

    View on Map
    Claim this Listing
    For Sale
    $998,000

    Land - OXFORD, FL

    Lot size:
    16.36 Acres
    Added:
    Nov 8, 2024
    Days on Market:
    541
    Last Refresh:
    May 3 at 2:06 am

    Property Features for SUMTER COUNTY ROAD 214

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A
    Standard status
    Active
    APN
    D19-069
    Lot size
    16.36 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    24

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jonathan Martin

    Listing agent Jonathan Martin License #3402836

    Listing office CARLINO REAL ESTATE GROUP INC 1001 S 14th Street, Leesburg, FL

    Listing date Nov 8, 2024

    MLS# G5089003 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

    Prime Land Near The Villages

    This 16.36-acre property is located just outside The Villages in Sumter County. The site is all uplands and has 611 feet of frontage on Sumter County Road 214. City of Wildwood water and sewer utilities run past the property on CR 214. It is not located within the Flood Hazard Area. Adjacent properties are zoned R-2, allowing up to 6 residential units per acre. This location offers convenient access to Hwy 301, the Florida Turnpike, and I-75. Sumter County is experiencing rapid residential and commercial growth. The property is suitable for a future residential development, a private home, or investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Oxford
    County
    Sumter
    State
    Florida
    Longitude
    -82.050432
    Latitude
    28.91501

    Nearby Similar for Sale

    • $749,000

      Turnkey 20-Acre Equestrian Property

      Fully equipped equestrian property in Oxford, Florida, ready for livestock.
      855 NE 107TH ROAD, OXFORD, FL 34484
      View Details
    • $2,950,000

      17 Acres Aquaculture Residential Land

      Vacant land with aquaculture and residential zoning near The Villages.
      3095 COUNTY ROAD 202, OXFORD, FL 34484
      View Details
    • $105,000

      Oxford, FL Land For Sale

      0.7 acre lot ready for mobile home or new build.
      11259 NE 10TH TERRACE, OXFORD, FL 34484
      View Details
    • $550,000
      2,106 SF

      Commercial Land in Oxford, FL

      2.1 acre commercial land parcel in Wildwood, Florida.
      3887 E C-466 ROAD, OXFORD, FL 34484
      View Details
    • $299,900

      5-Acre Vacant Land Opportunity

      5-acre vacant land in Oxford, recently annexed into Wildwood.
      COUNTY ROAD 209, OXFORD, FL 34484
      View Details
    • $500,000
      1,380 SF

      Modern Office Building For Sale

      Office building featuring multiple offices, conference room, and reception area.
      12205 N US HIGHWAY 301, OXFORD, FL 34484
      View Details
    • $1,850,000

      Prime Corner Parcel on Highway

      2.04-acre corner parcel on US Highway 301 for sale.
      11532 N US HIGHWAY 301, Oxford, FL 34484
      View Details
    • $599,000
      1,580 SF

      Remodeled Commercial Building on Highway

      Remodeled 1580 SF commercial building in prime location.
      4003 COUNTY ROAD 106, OXFORD, FL 34484
      View Details
    • $299,990

      9.7 Acres Near The Villages

      9.7-acre parcel zoned A-1 Agricultural near The Villages.
      S HWY 475, OXFORD, FL 34484
      View Details
    • $249,000
      1,687 SF

      Luxury Garage Condominium Development

      Luxury garage condominiums for collectors, hobbyists, and storage needs.
      TBD C.R. 105 50, Oxford, FL 34484
      View Details
    • $749,000

      Equestrian Property with Roping Arena

      20-acre equestrian property with lighted arena in Oxford, Florida.
      855 NE 107TH ROAD, OXFORD, FL 34484
      View Details
    • $238,500

      4.60 Acre Wooded Lot

      4.60 acre wooded lot with no HOA.
      0 COUNTY ROAD 466, OXFORD, FL 34484
      View Details

    FAQs

    What type of property is this?
    Land - 16.36 acres near The Villages, ideal for development.
    Where is this land located?
    The property is located at SUMTER COUNTY ROAD 214 Oxford, FL.
    What is the asking price?
    The asking price for this property is $998,000.
    What are key features of this property?
    This property features: 16.36‑acre property - ideal for residential development, your dream home, or a smart investment.; Located just outside The Villages, in rapidly growing Sumter County.; All uplands, not in a Flood Hazard Area.
    (407) 443-5491
    We can help!
    Listing Contact
    Jonathan Martin
    Real Estate License ID: 3402836
    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

    SUMTER COUNTY ROAD 214, OXFORD, FL 34484

    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!