Property profile

2101 State Road 50 Groveland, FL 34736

FOR SALE
Commercial land
Property ID
US18-2813502
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Property summary

AI-generated overview

Here is an acre and 1/3 that can be split into 2 lots with the possibility of 4-5 lots with a variance. Home has no value as it's too close to the new portion of Hwy 50 when it's widened. Front portion of property was purchased by DOT. This could be a nice development project for the right buyer. bikeScore: 31, Somewhat Bikeable walkScore: 0, Car-Dependent

Property profile

Verified
Property type Commercial land
UPID US18-2813502

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2101 State Road 50 Groveland, FL 34736
Groveland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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