35 C L Townsend Ln, Crawfordville, FL 32327
For Sale
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This exceptional 35 C L Townsend Ln property in Crawfordville, Florida (32327), presents a compelling mixed-use investment opportunity. Currently zoned for a lower density, the property offers the potential for up to 50 units, based on a 20 units-per-acre plan envisioned for the Town Center 2 area. Realizing this maximum density would require amendments to the Comprehensive Plan Future Land Use Map and a subsequent zoning change. The Town Center 2 plan promotes mixed-use development, making this location ideal for such a project. A survey is available. The property is situated in Flood Zone X and includes a currently occupied house that can be utilized. This 0.95-acre parcel is listed at $299,900. Note that all measurements are approximate. An adjacent 0.95-acre parcel is also potentially available for purchase, offering further expansion possibilities. This prime location in Wakulla County provides investors with significant upside potential through strategic development and zoning adjustments. The existing structure provides immediate income potential while plans for future development are pursued. This is a rare opportunity to acquire a property with high-density potential in a growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.