Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Pine Ridge Dairy Rd Fruitland Park, FL 34731

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $7,950,000

    Fully engineered, 52-acre site ready for development.

    Property Features for 0 Pine Ridge Dairy Rd

    General Information

    Property type
    Land
    Lot Size
    2,265,120 SF

    We can help!

    Listing Contact
    Jason G Toll

    Listing Agent: Jason G Toll

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 52-acre parcel, located on Pine Ridge Dairy Road in Fruitland Park, Florida (Lake County, zip code 34731), presents a remarkable opportunity for residential and commercial development. The site is fully engineered and approved, ensuring a streamlined development process. The seller will collaborate with the buyer to finalize the engineering and approvals. Conceptually planned for 208 lots, this Fruitland Reserve property offers a variety of lot sizes, including 40ft, 50ft, and 60ft wide lots, all 110ft deep. The property's well-drained nature minimizes the need for extensive fill, reducing development costs and timelines. City of Fruitland Park annexation ensures access to readily available water and sewer infrastructure. The property's APN numbers are 1204097, 2516445, 1740584, and 2565373. For those seeking a larger investment, an adjacent 60-acre parcel to the north is also available for purchase. This prime location offers significant potential for a lucrative development project, combining residential and commercial opportunities. The asking price for this exceptional 52-acre site is $7,950,000. Coordinates: Latitude 28.8543075, Longitude -81.9306057.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fruitland Park
    County
    Lake
    State
    Florida
    Longitude
    -81.9306057
    Latitude
    28.8543075

    Nearby Similar for Sale

    • $1,395,000
      2,973 SF

      Custom Ranch Estate on Acreage

      Custom ranch on 9 acres, minutes from The Villages.
      35841 Timbertop Ln, Fruitland Park, FL 34731
      View Details
    • $1,100,000
      Pending

      Warehouse with High Exposure

      Commercial property ideal for retail, warehousing, logistics, or manufacturing.
      3155 Us Highway 441/27, Fruitland Park, FL 34731
      View Details
    • New
      $654,990
      2,578 SF

      Highway 441 Restaurant Opportunity

      Fully equipped restaurant for sale on busy Highway 441.
      3170 Us Highway 441/27, Fruitland Park, FL 34731
      View Details
    • $800,000

      Thrift Store on Prime Land

      Well-established thrift store on 2.24 acres with high visibility.
      619 N Dixie Ave, Fruitland Park, FL 34731
      View Details
    • $2,500,000
      114,325 SF

      Fruitland Park Commercial Outparcel

      Prime 2.62-acre mixed-use site
      305 County Road 466A, Fruitland Park, FL 34731
      View Details
    • $1,650,000
      6,447 SF

      Fruitland Park Retail Showroom

      High-visibility storefront, vacant, great location.
      3480 Us-441, Fruitland Park, FL 34731
      View Details
    • Contact for pricing
      6,722 SF

      Retail Property Near The Villages

      Retail property located near national retailers and The Villages.
      3295 Us-441, Fruitland Park, FL
      View Details
    • $185,000

      Fruitland Park Multifamily Opportunity

      Multifamily property for sale in Fruitland Park, Florida.
      20 Captains Pt, Fruitland Park, FL 34731
      View Details
    • New
      $950,000
      6,500 SF

      High-Traffic Mixed-Use Development Opportunity

      Prime commercial package in rapidly developing Fruitland Park, Florida.
      300 N Dixie Ave, Fruitland Park, FL 34731
      View Details

    FAQs

    What type of property is this?
    Land - Fully engineered, 52-acre site ready for development.
    Where is this land located?
    The property is located at Pine Ridge Dairy Rd Fruitland Park, FL.
    What is the asking price?
    The asking price for this property is $7,950,000.
    What are key features of this property?
    This property features: $7,950,000 asking price for 52± acres of land.; Fully engineered and approved site, ready for development.; Conceptually planned for 208 residential lots (Fruitland Reserve).
    (407) 721-3198
    Request Owner's contact information
    Pine Ridge Dairy Rd Fruitland Park, FL 34731
    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.
    Pine Ridge Dairy Rd
    Fruitland Park, FL 34731
    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
    Pine Ridge Dairy Rd Fruitland Park, FL 34731
    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

    We can help!
    Listing Contact
    Jason G Toll
    (407) 721-3198
    Learn more
    Google sign-in failed. Please try again or use another login method.