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    3815 Phils Ln Apopka, FL 32712

    For Sale
    $3,750,000

    Prime Apopka development land, three parcels, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 15.04-acre assemblage in Apopka, Florida, presents a compelling investment opportunity. Comprising three parcels (APN: 27-20-24-0000-00-136, 27-20-24-0000-00-141, and an unlisted third parcel), this property boasts over 14 acres of uplands and 10.02 acres net of floodplain, maximizing development potential and stormwater management options. Currently featuring two residences and outbuildings, the land is zoned AG - Residential Settlement with a Future Land Use designation of RSF-1A. Strategically located on Phils Lane off Ponkan Road, west of the 429 Tollway, this site enjoys exceptional visibility from the highway. Its prime location within the high-growth Kelly Park Road Development Area offers easy access to the new Kelly Park Tollway exit, making it ideal for single-family residential development, a school, childcare facility, adult care center, or other special use projects. The property benefits from its proximity to the under-development 230+ acre Wyld Oaks master-planned community (including apartments, retail, commercial, and industrial properties) and the Parkview Preserve single-family home development by Ryan Homes. Nearby, four-bedroom homes sell for $400,000-$750,000. The area's rapid growth and development along the 429 Tollway provide convenient access to greater Orlando and surrounding amenities. The asking price is $3,750,000. Parcel sizes include 1.18 acres (330' x 160') and 2.52 acres (330' x 1165'). Utilities are nearby.

    Property Features for 3815 Phils Ln

    General Information

    Property type
    Farms
    Lot Size
    436,471 SF

    HighLights

    • 10.02+/- acres of uplands, visible from Hwy 429.
    • Two parcels totaling 10.02 acres (Parcel #1: 1.18 acres, 330' x 160'; Parcel #2: 2.52 acres, 330' x 1165').
    • Located in the Kelly Park Interchange area.
    • AG zoning; Residential Settlement FLU.
    • Existing residence and outbuildings.
    • Utilities nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Wholesale Shop Storage Facility Electrical Service Convenience Store Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Apopka
    County
    Orange
    State
    Florida
    Longitude
    -81.5678549
    Latitude
    28.7385361

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    FAQs

    What type of property is this?
    Farm - Prime Apopka development land, three parcels, high visibility.
    Where is this farm located?
    The property is located at 3815 Phils Ln Apopka, FL.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: 10.02+/- acres of uplands, visible from Hwy 429.; Two parcels totaling 10.02 acres (Parcel #1: 1.18 acres, 330' x 160'; Parcel #2: 2.52 acres, 330' x 1165').; Located in the Kelly Park Interchange area.
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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
    3815 Phils Ln Apopka, FL 32712
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