Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5 Acre Tract in Zolfo Title is generated by Realmo AI

    1954 Lonnie Shackleford Road, Zolfo Springs, FL 33890

    View on Map
    Claim this Listing
    For Sale
    $169,900

    Five acre tract with scattered oak trees, suitable homesite.

    Type:Land
    Property size:
    217,800 SF
    Lot size:
    5.00 Acres
    Price / SF:
    $0.78/SF
    Added:
    May 19, 2026
    Days on Market:
    11
    Last Refresh:
    May 19 at 8:47 pm

    Property Features for 1954 Lonnie Shackleford Road

    General Information

    Standard status
    Active
    Size
    217,800 SF
    Lot size
    5.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Mikey Colding

    Listing agent Mikey Colding License #3108115

    Listing office Home Town Realty Pros

    Listing date May 19, 2026

    Source Compass

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

    All listing content including descriptions, pricing, images are the copyrighted material of Home Town Realty Pros

    HighLights

    • 1.5‑acre high & dry parcel with scattered oak trees, offering a customizable homesite.
    • No deed restrictions: manufactured homes and barndominiums are allowed.
    • Conveniently located close to town, offering quiet living.
    • Readily available power via PRECO.
    • Located on a paved road.
    • Brand new board entrance and gate; fenced.

    Overview

    This 5-acre tract is located in Zolfo Springs on a paved road. The property is high and dry and features scattered oak trees. A new board entrance and gate have been installed at the front of the property. There are no deed restrictions, allowing for the construction of a manufactured home or barndominium. Existing power is readily available. This acreage provides an opportunity for customization and offers quiet living while remaining conveniently close to town.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Big Box & Wholesale Store Food Market Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Zolfo Springs
    County
    Hardee
    State
    Florida
    Longitude
    -81.745766
    Latitude
    27.50559

    Nearby Similar for Sale

    • $1,100,000

      Expansive Ranch in Zolfo Springs

      80-acre cattle ranch with agricultural potential in Zolfo Springs, Florida.
      3030 N NURSERY ROAD, ZOLFO SPRINGS, FL 33890
      View Details
    • $7,000,000
      1,882 SF

      Turn-Key Blueberry Farm Opportunity

      167.61 acre turn-key blueberry farm with infrastructure.
      3674 E STATE ROAD 64, Zolfo Springs, FL 33890
      View Details
    • $280,000

      Zolfo Springs Land with Crops

      10 acres of land with harvest-ready crops included.
      0 MINERAL BRANCH ROAD, ZOLFO SPRINGS, FL 33890
      View Details
    • $360,000

      Private Five Acre Retreat

      Picturesque five-acre retreat with pond, creek, and ample amenities.
      248 BRONCO Dr, ZOLFO SPRINGS, FL 33890
      View Details
    • $260,000
      290,545 SF

      6.67 Acre Fenced Land Parcel

      6.67 acre fenced land with improvements in desirable area.
      3720 Sasser Road, Zolfo Springs, FL 33890
      View Details
    • $180,000

      5.05 Acres in Zolfo Springs

      5.05-acre vacant parcel suitable for building or agriculture.
      5187 DEER RUN DRIVE, ZOLFO SPRINGS, FL 33890
      View Details
    • $7,000,000

      Zolfo Springs Commercial Property

      Commercial property available for sale in Zolfo Springs, Florida.
      3674 State Road 64, Zolfo Springs, FL 33890
      View Details
    • $219,900

      7.51 Acres on Hopkins Lane

      Land parcel with expansive views in Zolfo Springs, Florida.
      1137 HOPKINS Ln, Zolfo Springs, FL 33890
      View Details
    • $450,000

      Cleared 30-Acre Land Parcel

      Cleared 30-acre parcel ready for agricultural or residential use.
      REST HAVEN Road, Zolfo Springs, FL 33890
      View Details
    • $3,995,000

      Profitable Golf Course on 134 Acres

      Profitable 18-hole golf course on 134 acres in Florida.
      8037 US Hwy 17 S, Zolfo Springs, FL
      View Details
    • $18,000,000
      1,676 SF

      1676 Acres Vacant Land Opportunity

      1676 acres of vacant land suitable for agricultural use.
      Parnell Rd/Holly Hill, Zolfo Springs, FL 33890
      View Details
    • $299,000
      2,400 SF

      Corner Retail with Highway Visibility

      Retail property with high visibility on a prominent corner location.
      3135 Main St, Zolfo Springs, FL
      View Details

    FAQs

    What type of property is this?
    Land - Five acre tract with scattered oak trees, suitable homesite.
    Where is this land located?
    The property is located at 1954 Lonnie Shackleford Road Zolfo Springs, FL.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: 1.5‑acre high & dry parcel with scattered oak trees, offering a customizable homesite.; No deed restrictions: manufactured homes and barndominiums are allowed.; Conveniently located close to town, offering quiet living.
    (863) 781-1698
    We can help!
    Listing Contact
    Mikey Colding
    Real Estate License ID: 3108115
    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
    1954 Lonnie Shackleford Road, Zolfo Springs, FL 33890
    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!