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    121 Denco Rd Lake Placid, FL 33852

    For Sale
    $4,350,000

    495-Acre Cattle Ranch, Hunting, Recreation

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional investment opportunity: Denco Ranch, a 495.1-acre working cattle ranch in Highlands County, Florida, is offered at $4,350,000 ($8,786/acre). This property boasts 2,843 feet of frontage on State Road 70, providing excellent accessibility. Improvements include a substantial 60' x 200' pole barn and guardrail cow pens, ideal for cattle operations or agricultural pursuits. A 10" well equipped with a diesel power unit ensures reliable water access. The land features lush grasses on heavy dark soil, supporting thriving pastureland. The property's location amongst several neighboring Wildlife and Preservation Reserve (WPR) conservation projects presents a strong potential for securing a conservation easement or WPR designation, offering significant long-term benefits. The property is zoned AU and has APN numbers C-32-37-31-A00-0030-0000, C-29-37-31-A00-0020-0000, and C-32-37-31-A00-0040-0000. Located at 121 Denco Rd, Lake Placid, FL 33852. This versatile property is suitable for a variety of uses, including ranching, farming, and recreational activities. Its strategic location and existing infrastructure make it a highly attractive investment.

    Property Features for 121 Denco Rd

    General Information

    Property type
    Farms
    Lot Size
    21,566,556 SF

    HighLights

    • Excellent pastureland with deep, rich soil.
    • 60' x 200' barn with attached cowpens.
    • 2,843 feet of highway frontage on SR 70.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Placid
    County
    Highlands
    State
    Florida
    Longitude
    -81.237663
    Latitude
    27.215833

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    FAQs

    What type of property is this?
    Farm - 495-Acre Cattle Ranch, Hunting, Recreation
    Where is this farm located?
    The property is located at 121 Denco Rd Lake Placid, FL.
    What is the asking price?
    The asking price for this property is $4,350,000.
    What are key features of this property?
    This property features: Excellent pastureland with deep, rich soil.; 60' x 200' barn with attached cowpens.; 2,843 feet of highway frontage on SR 70.
    Request Owner's contact information
    121 Denco Rd Lake Placid, FL 33852
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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
    121 Denco Rd Lake Placid, FL 33852
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