Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wellborn, FL 5 Acre Parcel Title is generated by Realmo AI

    TBD 166TH PLACE LOT 6, Wellborn, FL 32094

    View on Map
    Claim this Listing
    For Sale
    $75,000

    Acreage, Residential,Manufactured Homes Allowed - Wellborn, FL

    Lot size:
    5.00 Acres
    Added:
    Apr 16, 2026
    Days on Market:
    33
    Last Refresh:
    May 18 at 8:06 am

    Property Features for TBD 166TH PLACE LOT 6

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A1
    Standard status
    Active
    Lot size
    5.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jo Lytte
    Jo Lytte

    Listing agent Jo Lytte License #0663207

    Listing office UNITED COUNTRY DICKS REALTY 816 SW Main Blvd, Lake City, FL

    Listing date Apr 16, 2026

    MLS# 130453 Listing URL

    Copyright © 2026 Lake City Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 5 acre parcel, perfect for your dream home.
    • Enjoy a peaceful country setting.
    • Conveniently located between Lake City and Live Oak.
    • Build a custom home or bring your manufactured home.
    • Underground utilities are already in place.
    • Low HOA at just $200 annually.

    Overview

    This is a 5 acre parcel located in Wellborn, Florida. The property is situated in a peaceful area and features underground utilities. It is suitable for a new manufactured home or a custom-built home. The location offers a blend of privacy and space in a country setting, conveniently located between Lake City and Live Oak. The Home Owner Association fees are $200 annually.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Wellborn
    County
    Suwannee
    State
    Florida
    Longitude
    -82.8578
    Latitude
    30.1808

    Nearby Similar for Sale

    • $999,000

      120 Acres Florida Countryside

      120 acres of Florida countryside with natural woods and pasture.
      TBD HOGAN RD, Wellborn, FL 32094
      View Details
    • $4,500,000

      Prime Commercial Interchange Zoned Land

      110+ acres ready for development near I-10 and I-75.
      TBD CR 137, Wellborn, FL 32094
      View Details
    • $1,249,900
      2,600 SF

      Turnkey Farm Property in Wellborn

      Sustainable 20-acre farm with custom home and equestrian facilities.
      3725 172ND St, WELLBORN, FL 32094
      View Details
    • $399,000

      Wellborn Land with Shop and Utilities

      39.6 acres in Wellborn, FL, with shop and utilities.
      3949 184TH STREET, WELLBORN, FL 32094
      View Details
    • $109,000

      Wellborn 4.38 Acre Fenced Lot

      4.38 acre lot with well, electric pole, and fencing.
      LOT 2 BEULAH ESTATES, Wellborn, FL 32094
      View Details
    • $220,000

      20-Acre Florida Countryside Parcel

      20-acre parcel with woods and pasture, ideal for agriculture.
      TBD HOGAN RD 20 ACRES, Wellborn, FL 32094
      View Details
    • $399,000

      Wellborn Acreage with Workshop

      39.6 acres in Wellborn, Florida, ideal for farming, hunting.
      3949 184TH STREET, WELLBORN, FL 32094
      View Details
    • Contact for pricing

      201.46 Acres on I-10

      201.46± acre parcel with 4,196.06± feet of I-10 frontage.
      Terrace, Wellborn, FL
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 5 acre parcel in Wellborn, FL with underground utilities.
    Where is this residential land & home lot located?
    The property is located at TBD 166TH PLACE LOT 6 Wellborn, FL.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: 5 acre parcel, perfect for your dream home.; Enjoy a peaceful country setting.; Conveniently located between Lake City and Live Oak.
    (386) 365-2821
    We can help!
    Listing Contact
    Jo Lytte
    Jo Lytte
    Real Estate License ID: 0663207
    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
    TBD 166TH PLACE LOT 6, Wellborn, FL 32094
    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!