Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Cross City Land Parcel Title is generated by Realmo AI

    40 NE 145th St, Cross City, FL 32628

    View on Map
    Claim this Listing
    For Sale
    $50,000

    LAND - Cross City, FL

    Lot size:
    2.00 Acres
    Added:
    Feb 2, 2026
    Days on Market:
    109
    Last Refresh:
    May 22 at 10:06 pm

    Property Features for 40 NE 145th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    34-09-12-1362-0000-0250
    Lot size
    2.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    2.00 ACRES 12 LOT 25 CAMP TWO SUBDIVISION ORB 403 P 135
    Tax Annual Amount
    469

    Utilities

    Utilities
    Electricity Available
    Water source
    Well

    We can help!

    Listing Contact
    Dewey Hatcher
    Dewey Hatcher

    Listing agent Dewey Hatcher License #3020046

    Listing office Hatcher Realty Services, Inc. Steinhatchee 1402 Riverside Dr SE, Cross City, FL

    Listing date Feb 2, 2026

    MLS# 796510 Listing URL

    Copyright © 2026 Dixie-Gilchrist-Levy Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Build‑ready 2‑acre parcel suitable for a new home or investment.
    • Convenient location: less than 5 minutes to shopping, dining, and schools.
    • Existing older utilities on site (buyer to verify).
    • Ample space for a homesite, workshop, garden, or recreation.
    • Located just off Hwy 351 for easy access.
    • Electricity Available and Water Well

    Overview

    This 2-acre parcel in Cross City, Florida, presents a build-ready opportunity. Previously used as a homesite, it is suitable for a new construction or future investment. Located just off Hwy 351, the property offers convenient access to shopping, dining, schools, and local amenities, all within a 5-minute drive. The lot includes existing older utilities on site, with the buyer responsible for verifying their functionality, permitting, and suitability for the intended use. The acreage allows for a homesite, workshop, garden, or recreational use while maintaining close-to-town convenience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Cross City
    County
    Dixie
    State
    Florida
    Longitude
    -83.116584
    Latitude
    29.6608744

    Nearby Similar for Sale

    • $299,000
      5,670 SF

      Cross City Commercial Building For Sale

      High-traffic commercial building on US Hwy 19 in Cross City, FL.
      16368 SE Hwy 19, Cross City, FL 32628
      View Details
    • $225,000

      Cross City Commercial Land Opportunity

      Prime commercial land with highway frontage in Cross City, Florida.
      17450 SE US Hwy 19, Cross City, FL 32628
      View Details
    • $132,900

      Cleared Land Ready for Building

      4-acre homesite with well, power, and septic system.
      2640 NE Hwy 351, Cross City, FL 32626
      View Details
    • $174,999

      Improved Land Near Old Town

      5.17-acre property with improvements, ideal for recreation and hunting.
      1459 NE 743 STREET, CROSS CITY, FL 32628
      View Details
    • $618,750

      Industrial Zoned Land For Sale

      8.25 acres of industrial-zoned property off Highway 19.
      18982 SE Hwy 19, Cross City, FL 32628
      View Details
    • $115,000

      5-Acre Parcel in Cross City

      5 acres suitable for homesite, small farm, or investment.
      NE Hwy 351, Cross City, FL 32628
      View Details
    • $199,000

      Prime Commercial Land Opportunity

      6 acres of cleared commercial land on high-traffic Highway 19.
      19824 SE Hwy 19, Cross City, FL 32628
      View Details
    • $15,000

      Residential Land in Cross City

      Residential land for sale in Cross City, Florida.
      00 SW 316 AVENUE, CROSS CITY, FL 32628
      View Details
    • $119,000

      Cross City Land Near Suwannee

      1.19-acre fenced property with new utilities near Suwannee River.
      460th St, Cross City, FL 32628
      View Details
    • $9,999

      Buildable Lot in Cross City

      Naturally wooded 0.36-acre lot near Cross City amenities.
      NE 688TH AVENUE, CROSS CITY, FL 32628
      View Details
    • $45,000

      Acre Corner Lot Near Highway

      One-acre corner lot near Cross City, Florida, with paved road access.
      80 SW 316th Ave, Cross City, FL 32628
      View Details
    • $169,500

      Cross City 15-Acre Land Parcel

      Cleared, fenced 15-acre land ready for homestead or farm.
      1325 NE 399th St, Cross City, FL 32628
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two-acre parcel near Cross City, Florida, ready for building.
    Where is this residential land & home lot located?
    The property is located at 40 NE 145th St Cross City, FL.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: Build‑ready 2‑acre parcel suitable for a new home or investment.; Convenient location: less than 5 minutes to shopping, dining, and schools.; Existing older utilities on site (buyer to verify).
    (352) 498-5151
    We can help!
    Listing Contact
    Dewey Hatcher
    Dewey Hatcher
    Real Estate License ID: 3020046
    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
    40 NE 145th St, Cross City, FL 32628
    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!