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    EXMOOR Drive Plymouth, FL 32776

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    New
    Picture of Residential land & home lots at EXMOOR Drive, Plymouth, FL
    For Sale
    $210,000

    LAND - Plymouth, FL

    Lot size:
    0.54 Acres
    Added:
    Apr 29, 2026
    Days on Market:
    4
    Last Refresh:
    May 2 at 7:06 am

    Property Features for EXMOOR Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    28-19-28-0100-045-04000
    Lot size
    0.54 Acres

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    HEATHER TATE

    Listing agent HEATHER TATE License #3514338

    Listing office KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE 100 SOUTHPARK BLVD STE 201, St Augustine, FL

    Listing date Apr 29, 2026

    MLS# 2142595 Listing URL

    Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Plymouth Land Near New Development

    Three adjoining lots are available across from the historic Mt Plymouth Golf Course, which is being redesigned into a new subdivision by Moronda Homes as Mt Plymouth Greens, a new single-family home community in Sorrento, Florida. This community is located on the site of the former golf course, once visited by celebrities Al Capone and Babe Ruth. The development plan has undergone thorough planning and homesite review, preserving the historic and prestigious character of the community. The property offers the opportunity to build without waiting for the development plan to be finalized. The road is currently unpaved, but with Moronda Homes developing the area, paving is anticipated in the near future at their expense. The zoning is R-3 Medium Residential District. The lots are vacant and wooded with no improvements. Located in Lake County, Mt Plymouth is a quiet and peaceful area. The location provides quick access to Sanford and Orlando via the nearby Wekiva Parkway and SR429. The total lot size is 0.54 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Plymouth
    County
    Orange
    State
    Florida
    Longitude
    -81.4964
    Latitude
    28.8172

    FAQs

    What type of property is this?
    Residential land & home lot - Three adjoining lots near upcoming residential development in Plymouth, Florida.
    Where is this residential land & home lot located?
    The property is located at EXMOOR Drive Plymouth, FL.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: Three adjoining lots offer immediate building opportunity.; Located across from the historic Mt Plymouth Golf Course, being redeveloped by Moronda Homes.; Proximity to Wekiva Parkway & SR429 provides quick access to Sanford & Orlando.
    (904) 377-7262
    We can help!
    Listing Contact
    HEATHER TATE
    Real Estate License ID: 3514338
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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    EXMOOR Drive, Plymouth, FL 32776

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