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    23833 E State Road 40 Astor, FL 32102

    For Sale
    $340,000

    20 acres of land suitable for commercial or multi-family redevelopment.

    Lot size:
    20.00 Acres

    Property Features for 23833 E State Road 40

    General Information

    Lot size
    20.00 Acres

    Source: BILL RODGERS REALTY Agent Lance Schenker

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

    Overview

    20 Acres on State Road

    This property features 20 acres of land situated on State Road 40 in Astor. The current zoning is Agricultural, presenting an opportunity for rezoning and redevelopment. The property is suitable for commercial or multi-family use.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Hotel & Motel Department Store Storage Facility Bar & Pub Grocery Store Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Astor
    County
    Lake
    State
    Florida
    Longitude
    -81.545013
    Latitude
    29.163167

    Nearby Similar for Sale

    • $350,000
      1,560 SF

      Car Wash on State Road

      Self-service car wash with expansion potential on 0.7 acres.
      21944 State Road 40, Astor, FL 32102
      View Details

    FAQs

    What type of property is this?
    Land - 20 acres of land suitable for commercial or multi-family redevelopment.
    Where is this land located?
    The property is located at 23833 E State Road 40 Astor, FL.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: - 20 Acres of Land; - Located on Busy State Road 40; - Zoned Agricultural
    (352) 362-1224
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    23833 E State Road 40 Astor, FL 32102
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    Astor, FL 32102
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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
    23833 E State Road 40 Astor, FL 32102
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