Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Land on US HWY Title is generated by Realmo AI

    0000 US HWY 301, Coleman, FL 33521

    View on Map
    Claim this Listing
    Pending
    $1,800,000

    Land - COLEMAN, FL

    Lot size:
    6.40 Acres
    Added:
    Mar 9, 2023
    Days on Market:
    1177
    Last Refresh:
    May 29 at 6:06 pm

    Property Features for 0000 US HWY 301

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    CH
    Exterior features
    Fencing
    Fencing
    Fenced
    Standard status
    Pending
    APN
    F36-041
    Lot size
    6.40 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Annual Amount
    928.22

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Laurian Keen
    Laurian Keen

    Listing agent Laurian Keen License #3540924

    Listing office CENTURY 21 PRIME PROPERTY RESOURCES INC 1034 West Hwy 48, Bushnell, FL

    Listing date Mar 9, 2023

    MLS# G5065663 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

    • DOT curb cut permits 35,000 square feet of heavy commercial use.
    • Located next to Governor Rick Scott's Industrial Park (424 acres) expected to bring thousands of new jobs.
    • Zoned Heavy Commercial with endless possibilities for commercial uses.
    • Abuts The Villages on both east and south borders.
    • Situated on busy US HWY 301.
    • Utilities available: City water, Seco Energy electric, and Spectrum cable/internet/phone.

    Overview

    This 6.4+/- acre property, consisting of two parcels, is zoned Heavy Commercial and offers various commercial uses. It is situated in the heart of Sumter County development on US HWY 301, next to Governor Rick Scott's Industrial Park, which consists of 424 acres and is expected to bring in thousands of new jobs. The Villages abut this property on both the east and south borders. Utilities available include water from the City of Coleman, electric from Seco Energy, and cable/internet/phone from Spectrum. The property has a DOT curb cut that permits 35,000 square feet of heavy commercial. Possible owner financing with agreed upon terms and subject to financial underwriting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Coleman
    County
    Sumter
    State
    Florida
    Longitude
    -82.070209
    Latitude
    28.79297

    Nearby Similar for Sale

    • $475,000
      1,778 SF

      Commercial Land on US HWY

      1.17 acres of commercial land with highway frontage.
      136 S COMMERCIAL STREET, COLEMAN, FL 33521
      View Details
    • $299,500
      930 SF

      Cleared Commercial Land on Highway

      1.10 acre commercial land with highway frontage in Coleman, FL.
      126 S COMMERCIAL STREET, COLEMAN, FL 33521
      View Details
    • $1,800,000

      Prime Commercial Land Opportunity

      6.4+/- acres of commercial land in Sumter County development.
      0000 US HWY 301, COLEMAN, FL 33521
      View Details

    FAQs

    What type of property is this?
    Commercial land - 6.4+/- acres of heavy commercial land with development potential.
    Where is this commercial land located?
    The property is located at 0000 US HWY 301 Coleman, FL.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: DOT curb cut permits 35,000 square feet of heavy commercial use.; Located next to Governor Rick Scott's Industrial Park (424 acres) expected to bring thousands of new jobs.; Zoned Heavy Commercial with endless possibilities for commercial uses.
    (352) 446-0706
    We can help!
    Listing Contact
    Laurian Keen
    Laurian Keen
    Real Estate License ID: 3540924
    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
    0000 US HWY 301, COLEMAN, FL 33521
    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!