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    FOR SALE
    Commercial real estate

    35 C L Townsend Ln, Crawfordville, FL 32327

    Property ID
    US18-4353951
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US18-4353951
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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