Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    34305 CLAY GULLY Rd Myakka City, FL 34251

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $495,000

    5-acre vacant land near Myakka State Park, ideal for building.

    Type:Land
    Lot size:
    5.00 Acres
    Added:
    Apr 28, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 28 at 3:07 pm

    Property Features for 34305 CLAY GULLY Rd

    General Information

    Standard status
    Active
    Lot size
    5.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Rod Underdahl
    Rod Underdahl

    Listing agent Rod Underdahl

    Listing office

    Listing date Apr 28, 2026

    Source Elliman

    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 Rod Underdahl

    Overview

    Desirable Vacant Land Near Park

    This is a 5-acre parcel of vacant land with direct access to Clay Gully Road. The improved pasture land is cleared and dry, making it suitable for building a country home. The property is located near Myakka State Park and the Terra Nova Equestrian community. The seller owns the adjacent parcels to the west and north of this 5 acres, which is the front part of Parcel # 9. The bike score is 25, indicating it is somewhat bikeable, and the walk score is 0, indicating car dependence.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Myakka City
    County
    Manatee
    State
    Florida
    Longitude
    -82.1912009
    Latitude
    27.2768068

    Nearby Similar for Sale

    • $350,000

      Myakka City Land Opportunity

      5+ acre lot in Winding Creek community.
      41155 STATE RD 64 EAST, MYAKKA CITY, FL 34251
      View Details
    • $900,000
      3,338 SF

      Myakka City Commercial Complex

      Commercial complex in Myakka City with multiple buildings.
      37220 GLENWOOD AVENUE, MYAKKA CITY, FL 34251
      View Details
    • $350,000

      Cattle Ready Myakka City Farm

      7 acre cattle farm with wells, barn, and pond.
      7631 Wauchula Road, Myakka City, FL 34251
      View Details
    • $835,000

      20 Acres in Myakka City

      20+ acre homestead or agricultural opportunity near Sarasota.
      12980 And 12990 RIVER ROAD, MYAKKA CITY, FL 34251
      View Details
    • $649,000

      Myakka City Fenced Land Parcel

      5+ acre property with pond, creek, and native woodlands.
      COUNTY ROAD 675, MYAKKA CITY, FL 34251
      View Details
    • $350,000

      Myakka City Land Opportunity

      7 acre Florida prairie land perfect for agricultural use.
      14780 SUGAR BOWL ROAD, MYAKKA CITY, FL 34251
      View Details
    • $900,000

      Established Orange Grove Barndominium

      Turn-key Myakka City farmstead with income-producing grove and modern living.
      32715 SINGLETARY ROAD, MYAKKA CITY, FL 34251
      View Details
    • $320,000

      Cleared Land Parcel Near Park

      5-acre parcel in Myakka City, ready for your vision.
      39605 TAYLOR ROAD, MYAKKA CITY, FL 34251
      View Details
    • $259,000

      Myakka City Land Opportunity

      5.7-acre corner lot in equestrian community, ideal for custom home.
      40710 11TH AVENUE E, MYAKKA CITY, FL 34251
      View Details
    • $260,000

      Equestrian Land in Winding Creek

      5.49-acre homesite in equestrian community with training center and trails.
      2107 405 CT E, MYAKKA CITY, FL 34251
      View Details
    • $350,000

      Spacious Land in Winding Creek

      5+ acre lot in Myakka City community.
      SR-64 E, MYAKKA CITY, FL 34251
      View Details
    • $525,000

      16-Acre Lot in Myakka City

      16-acre lot for a mini ranch near Bradenton and Sarasota.
      13805 MJ ROAD, MYAKKA CITY, FL 34251
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 5-acre vacant land near Myakka State Park, ideal for building.
    Where is this agricultural land / farmland located?
    The property is located at 34305 CLAY GULLY Rd Myakka City, FL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 5 acres of vacant land.; Cleared and dry, improved pasture land ideal for building.; Direct access to Clay Gully Road.
    (941) 302-4545
    We can help!
    Listing Contact
    Rod Underdahl
    Rod Underdahl
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!