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    Alvarez #42 Rd Dunnellon, FL 34431

    Sponsored
    For Sale
    Contact for pricing

    0.25-Acre Commercial/Residential Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,890 square foot lot, located at 0 NW Alvarez #42 Road, Dunnellon, FL 34431, presents a unique investment opportunity. Situated in the desirable Rainbow Estates, this property offers the flexibility of both commercial and residential development. The land's size provides ample space for a variety of uses, catering to diverse business and residential needs. Its prime location near Rainbow Springs State Park adds significant appeal, offering proximity to natural beauty and recreational opportunities. The asking price is $27,000. This parcel is zoned for both commercial and residential uses, making it an attractive option for developers or investors seeking a versatile property in a growing area of Marion County, Florida. The property's latitude and longitude coordinates are 29.1783466 and -82.5314903 respectively. This presents a rare chance to acquire a substantial lot in a desirable location at a competitive price. Serious inquiries are encouraged to explore the full potential of this versatile property. The property is conveniently located in Dunnellon, Florida, offering easy access to local amenities and transportation routes. This is an excellent opportunity for those seeking a land investment with significant upside potential.

    Property Features for 0 Alvarez #42 Rd

    General Information

    Property type
    Land

    HighLights

    • 10,890 SF lot in Dunnellon, FL, zoned for commercial and residential use.
    • Located in Rainbow Estates, near Rainbow Springs State Park.
    • Asking price: $27,000.
    • Offers versatile development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dunnellon
    County
    Marion
    State
    Florida
    Longitude
    -82.5314903
    Latitude
    29.1783466

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    FAQs

    What type of property is this?
    Land - 0.25-Acre Commercial/Residential Lot
    Where is this land located?
    The property is located at Alvarez #42 Rd Dunnellon, FL.
    What is the asking price?
    The asking price for this property is $27,000.
    What are key features of this property?
    This property features: 10,890 SF lot in Dunnellon, FL, zoned for commercial and residential use.; Located in Rainbow Estates, near Rainbow Springs State Park.; Asking price: $27,000.
    Request Owner's contact information
    Alvarez #42 Rd Dunnellon, FL 34431
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    Dunnellon, FL 34431
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    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
    Alvarez #42 Rd Dunnellon, FL 34431
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