Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Tbd Park Center Hill, FL 33514

    For Sale
    $2,500,000

    8.7 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 8.7-acre commercial land parcel in Center Hill, Florida (zip code 33514, Sumter County), presents a unique investment opportunity. Currently zoned R2C with a future land use designation of Rural Residential (RR), the property is ideally situated for cemetery development, given its proximity to an existing cemetery and the city's stated allowance for such uses via Special Use Permit. The seller is prepared to assist the buyer in navigating the permitting process following contract execution. A private "road" has already been established on-site to mitigate traffic impact on neighboring properties. The property's location within a rapidly growing area, positioned between The Villages and Lake County, makes it particularly attractive for long-term investment. City ordinances regarding cemeteries, crematories, and mausoleums, including ingress/egress, parking, and setbacks, are readily available. While other uses may be permissible, a thorough analysis suggests cemetery development offers the highest potential return on investment given the area's expanding population and current market demands. The asking price for this strategically located property is $2,500,000. This represents a compelling opportunity to capitalize on the burgeoning growth of Central Florida. The property is annexed into the city of Center Hill, simplifying the permitting process. Detailed city codes regarding cemetery development are available upon request.

    Property Features for 0 Tbd Park

    General Information

    Property type
    Land
    Lot Size
    378,972 SF

    HighLights

    • Vacant land totaling 8.7 acres.
    • Located in Sumter County, Florida, zip code 33514 (Center Hill).
    • Currently zoned R2C, future land use designated Rural Residential (RR).
    • Asking price: $2,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Center Hill
    County
    Sumter
    State
    Florida
    Longitude
    -81.9938144
    Latitude
    28.6516609

    Nearby Comparable

    • $2,500,000
      8.70 Acres

      Center Hill Land Opportunity

      8.7 acres of land in Center Hill, Florida.
      E Park St, Center Hill, FL 33514
      View Details
    • $119,900
      Pending

      Resort Lot with Pond Views

      Expansive RV lot with pond views and resort amenities.
      4844 SE 92Nd Blvd, Webster, FL 33597
      View Details
    • $110,000
      0.16 Acres

      Resort Lot in Webster, Florida

      6,972 sq. ft. lot in gated motorhome community.
      4813 SE 92Nd Blvd, Webster, FL 33597
      View Details
    • $82,900
      0.12 Acres

      Florida Motorcoach Resort Lot

      5,076 sq ft lot with full hookups in resort.
      9387 SE 47Th Way, Webster, FL 33597
      View Details
    • $199,900
      Pending

      Resort Lot with Nature Views

      Spacious lot with suite, nature views, and resort amenities.
      9414 SE 47Th Way, Webster, FL 33597
      View Details
    • $79,900
      0.12 Acres

      Resort Lot with Wetland Views

      Premium motorcoach resort lot with sunset and wetland views.
      9450 SE 47Th Way, Webster, FL 33597
      View Details

    FAQs

    What type of property is this?
    Land - 8.7 Acres, Prime Development Site
    Where is this land located?
    The property is located at Tbd Park Center Hill, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Vacant land totaling 8.7 acres.; Located in Sumter County, Florida, zip code 33514 (Center Hill).; Currently zoned R2C, future land use designated Rural Residential (RR).
    Request Owner's contact information
    Tbd Park Center Hill, FL 33514
    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.
    Tbd Park
    Center Hill, FL 33514
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Tbd Park Center Hill, FL 33514
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.