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    37500 St. Louis Ave Umatilla, FL 32784

    For Sale
    $2,995,000

    92-acre land parcel in Lake County with development potential.

    Property size:
    92 SF
    Lot size:
    92.00 Acres

    Property Features for 37500 St. Louis Ave

    General Information

    Size
    92 SF
    Lot size
    92.00 Acres

    Source: Paul P. Partyka, CCIM, MiCP, CIPS Agent Paul P. Partyka, CCIM, MiCP, CIPS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake County Land for Development

    Located in unincorporated Lake County, this 92-acre property includes lakes and approximately 57 acres of upland area. Zoned R-6, the property allows for up to six dwelling units per acre, with a maximum of 342 units based on the upland portion. The upland area, formerly an orange grove, drains well. The property is surrounded by Lake Bracy and Lake Smith, allowing for lakefront lots. The immediate area is experiencing extensive new growth and transportation development.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Umatilla
    County
    Lake
    State
    Florida
    Longitude
    -81.6854
    Latitude
    28.9435

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    FAQs

    What type of property is this?
    Land - 92-acre land parcel in Lake County with development potential.
    Where is this land located?
    The property is located at 37500 St. Louis Ave Umatilla, FL.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: - Zoned R-6 allowing up to 342 dwelling units.; - 92.0± acres total including lake frontage on Lake Bracy and Lake Smith.; - Approximately 57± acres of well-draining upland area.
    (407) 341-0805
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    37500 St. Louis Ave Umatilla, FL 32784
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    Realmo Value Estimation

    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.

    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.

    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
    37500 St. Louis Ave Umatilla, FL 32784
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