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

    1/2 Lot 12B Ben Hill Griffin Road, Venus, FL 33960

    View on Map
    Claim this Listing
    For Sale
    $139,000

    LAND - Venus, FL

    Lot size:
    5.00 Acres
    Added:
    Mar 4, 2026
    Days on Market:
    70
    Last Refresh:
    May 13 at 4:06 am

    Property Features for 1/2 Lot 12B Ben Hill Griffin Road

    General Information

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

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    East half of the following: GOULD ROAD ESTATES UNREC LOT 12B
    Tax Annual Amount
    1400

    Utilities

    Water source
    Private

    We can help!

    Listing Contact
    Kristy Fletcher

    Listing agent Kristy Fletcher

    Listing office COMPTON REALTY 518 US 27 S, Lake Placid, FL

    Listing date Mar 4, 2026

    MLS# 323800 Listing URL

    Copyright © 2026 Heartland Multiple Listing Service, Inc. 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 offers ample space.
    • Not located in a flood zone.
    • No HOA restrictions.
    • Close proximity to US 27.
    • Approximately 15 minutes to Lake Placid.
    • Close to SR 70 and the new High Grove golf course.

    Overview

    This 5-acre parcel in Venus, FL, offers an opportunity to establish a country escape. The land is not located in a flood zone. The property is zoned AU, allowing for various uses such as building a dream house, establishing a farm, or creating a garden. There is no HOA. The location provides convenient access to US 27 and is approximately 15 minutes from Lake Placid. It is also near SR 70 and the High Grove golf course.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Venus
    County
    Highlands
    State
    Florida
    Longitude
    -81.325655
    Latitude
    27.111278

    Nearby Similar for Sale

    • $28,000

      Residential Land in Venus, FL

      1.03-acre lot for custom home with space for workshop.
      557 Andretti Road, Venus, FL 33960
      View Details
    • $34,500

      Land in Quiet Venus Location

      One-acre lot suitable for residential or agricultural use.
      529 Andretti Road, Venus, FL 33960
      View Details
    • $40,000

      Land in Venus, Florida

      One acre lot suitable for building or mobile home.
      9 Cone Drive, Venus, FL 33960
      View Details
    • $500,000

      24.2 Acres Hunting Land

      24.2 acres of hunting land with creek and campsite.
      49 FENNY BOSK Trl, Venus, FL 33960
      View Details
    • $130,000

      Commercial Land on Highway 27

      1.5 acres with B2 zoning, suitable for storage.
      750 U.S. Highway 27 N, Venus, FL 33960
      View Details
    • $175,000

      Cleared Land in Venus, Florida

      6-acre cleared land parcel, ideal for country living.
      102 OLD STATE ROAD 8, VENUS, FL 33960
      View Details
    • $3,100,000

      81-Acre Industrial Tract on US-27

      81-acre industrial tract with highway frontage in Lake Placid, Florida.
      2300 Us Highway 27 N, Venus, FL
      View Details
    • $382,000

      Highway Frontage Agricultural Land

      12.5 acres of agricultural land with highway frontage.
      505 US Hwy 27, Venus, FL 33960
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 5-acre parcel ready for your dream home or farm.
    Where is this agricultural land / farmland located?
    The property is located at 1/2 Lot 12B Ben Hill Griffin Road Venus, FL.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: 5 acre parcel offers ample space.; Not located in a flood zone.; No HOA restrictions.
    (863) 465-4158
    We can help!
    Listing Contact
    Kristy Fletcher
    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
    1/2 Lot 12B Ben Hill Griffin Road, Venus, FL 33960
    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!