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    116Th Ter Fort McCoy, FL 32134

    For Sale
    Contact for pricing

    Rare .18 Acre Commercial/Residential Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional .18-acre lot, totaling 7,840.8 square feet, presents a unique investment opportunity in the Royal Springs Park community of Fort McCoy, Florida. Located at 0 NE 116th Terrace, 32134, this property offers the flexibility of both commercial and residential development, making it ideal for a variety of uses. The rural setting provides a tranquil atmosphere while still offering convenient access to local amenities. The lot's size allows for ample space to build a small commercial structure or a residential dwelling, or a combination of both, depending on zoning regulations. Situated in Marion County, Florida, this property benefits from the area's growing population and economic activity. Its corner lot location provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence. The latitude and longitude coordinates are 29.4794963, -81.9645098, respectively. Serious inquiries are encouraged to explore the potential of this versatile property and its suitability for your specific needs. Further due diligence is recommended to confirm zoning and development possibilities. This is a rare opportunity to acquire a strategically located lot in a desirable area.

    Property Features for 0 116Th Ter

    General Information

    Property type
    Land

    HighLights

    • $13,000 asking price for this land parcel.
    • 7,840.8 square foot lot.
    • Located at 0 NE 116th Terrace, Fort McCoy, FL 32134.
    • Commercial and residential zoning.
    • Corner lot in the Royal Springs Park community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort McCoy
    County
    Marion
    State
    Florida
    Longitude
    -81.9645098
    Latitude
    29.4794963

    FAQs

    What type of property is this?
    Land - Rare .18 Acre Commercial/Residential Lot
    Where is this land located?
    The property is located at 116Th Ter Fort McCoy, FL.
    What is the asking price?
    The asking price for this property is $13,000.
    What are key features of this property?
    This property features: $13,000 asking price for this land parcel.; 7,840.8 square foot lot.; Located at 0 NE 116th Terrace, Fort McCoy, FL 32134.
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    116Th Ter Fort McCoy, FL 32134
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    Fort McCoy, FL 32134
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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
    116Th Ter Fort McCoy, FL 32134
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