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    Co Rd 523 Wildwood, FL 34785

    Sponsored
    For Sale
    $5,400,000

    54 Acres, Hwy 301 Realignment, High Growth

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 54-acre (±) parcel presents a unique investment opportunity in Coleman, Florida. Strategically located along County Road 523 in Sumter County (zip code 34785), this property is directly impacted by the planned realignment of Highway 301, placing it at the heart of anticipated growth. The Villages development borders the land on both sides, indicating significant future development potential. The property boasts existing infrastructure, including a well and power, and is fully fenced, minimizing initial development costs. Detailed maps illustrating the proposed Highway 301 realignment across this property are available upon request. While currently zoned for its existing use, any future development would require rezoning through Sumter County. Coleman's proximity to Wildwood's sewer system and the availability of Coleman city water nearby further enhance the property's development potential. This mixed-use land offers a compelling opportunity for investors seeking high-growth potential in a rapidly developing area. The property's size, location, and existing infrastructure make it ideal for a variety of commercial, residential, or mixed-use developments. This is a rare chance to acquire a significant land parcel in a prime location poised for substantial appreciation.

    Property Features for 0 Co Rd 523

    General Information

    Property type
    Multifamily properties

    HighLights

    • 54± acre parcel in Coleman, FL (34785), strategically located on County Road 523.
    • Directly impacted by planned Highway 301 realignment, adjacent to The Villages.
    • Existing infrastructure includes well and power; fully fenced.
    • Currently zoned for existing use; rezoning required for future development.
    • Proximity to Wildwood sewer and Coleman city water.
    • Mixed‑use potential; ideal for commercial, residential, or mixed‑use development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wildwood
    County
    Sumter
    State
    Florida
    Longitude
    -82.0539475
    Latitude
    28.7967573

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    FAQs

    What type of property is this?
    Multifamily property - 54 Acres, Hwy 301 Realignment, High Growth
    Where is this multifamily property located?
    The property is located at Co Rd 523 Wildwood, FL.
    What is the asking price?
    The asking price for this property is $5,400,000.
    What are key features of this property?
    This property features: 54± acre parcel in Coleman, FL (34785), strategically located on County Road 523.; Directly impacted by planned Highway 301 realignment, adjacent to The Villages.; Existing infrastructure includes well and power; fully fenced.
    Request Owner's contact information
    Co Rd 523 Wildwood, FL 34785
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    Wildwood, FL 34785
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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
    Co Rd 523 Wildwood, FL 34785
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