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    9Th St Frostproof, FL 33843

    Sponsored
    For Sale
    $427,000

    Prime commercial land, high-growth area, Opportunity Zone.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 4.27-acre commercial land parcel in Frostproof, Florida, presents a compelling investment opportunity. Currently zoned Agricultural with a future land use designation of Residential, this property offers significant potential for development. Its strategic location less than a mile from major distribution centers like Ferguson and Lowe's provides easy access to transportation and logistics networks. The property is situated in Polk County, known for its business-friendly tax climate, and benefits from its designation as an Opportunity Zone, offering potential tax advantages for investors. Within an hour's drive of popular Florida attractions such as LEGOLAND, Walt Disney World, and Sebring Raceway, this location also boasts a recreational lifestyle appeal, with proximity to excellent fishing lakes, golf courses, nature trails, and state parks. This makes it ideal for a variety of commercial ventures, including those catering to the growing residential population or the tourism sector. The property's APN is 32-31-28-976200-007010. The asking price is $427,000. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area with significant upside potential.

    Property Features for 0 9Th St

    General Information

    Property type
    Land

    HighLights

    • Currently zoned agricultural, with future land use designated residential.
    • Proximity to Ferguson and Lowe's distribution centers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Frostproof
    County
    Polk
    State
    Florida
    Longitude
    -81.523303977498
    Latitude
    27.733896033817

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    FAQs

    What type of property is this?
    Land - Prime commercial land, high-growth area, Opportunity Zone.
    Where is this land located?
    The property is located at 9Th St Frostproof, FL.
    What is the asking price?
    The asking price for this property is $427,000.
    What are key features of this property?
    This property features: Currently zoned agricultural, with future land use designated residential.; Proximity to Ferguson and Lowe's distribution centers.;
    (305) 803-3781
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    9Th St Frostproof, FL 33843
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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
    9Th St Frostproof, FL 33843
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