Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land Available in Groveland, Florida Title is generated by Realmo AI

    SR-19, Groveland, FL 34736

    View on Map
    Claim this Listing
    For Sale
    $3,000,000

    Land for sale in Groveland, Florida.

    Type:Land or Vacant Lot
    Lot size:
    218.71 Acres
    Added:
    Apr 26, 2025
    Days on Market:
    403
    Last Refresh:
    May 10 at 11:05 pm

    Property Features for SR-19

    General Information

    Standard status
    Active
    Lot size
    218.71 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    SAMIH SADIQ

    Listing agent SAMIH SADIQ License #3577381

    Listing office KELLY RIGHT REAL ESTATE

    Listing date Apr 26, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of KELLY RIGHT REAL ESTATE

    HighLights

    • S 1/2 OF GOV LOTS 3
    • S 1/2 OF GOV LOT 4--LESS W 50 FT
    • GOV LOT 5--LESS N 1550 FT OF W 50 FT
    • N 1/2 OF GOV LOTS 6
    • N 1/2 OF GOV LOTS 7
    • ORB 6476 PG 662

    Overview

    This property consists of the south half of government lots 3, the south half of government lot 4 less the west 50 feet, government lot 5 less the north 1550 feet of the west 50 feet, and the north half of government lots 6 and 7. Refer to ORB 6476 PG 662 for additional details. Buyers are advised to conduct thorough due diligence to ensure the property meets their expectations and requirements. The property is located in Groveland, Florida.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Groveland
    County
    Lake
    State
    Florida
    Longitude
    -81.8848
    Latitude
    28.5271

    Nearby Similar for Sale

    • $985,000
      1,419 SF

      Turn-Key Restaurant on Highway 50

      Profitable restaurant with drive-through, dine-in, and buffet options.
      299 E BROAD STREET, GROVELAND, FL 34736
      View Details
    • $250,000

      Commercial Lot Ready to Build

      Cleared, level commercial lot in Groveland with direct highway access.
      STATE ROAD 19, GROVELAND, FL 34736
      View Details
    • $250,000
      1,000 SF

      Commercial Lot Ready to Build

      Cleared, level commercial lot in Groveland, ready for development.
      15511 STATE ROAD 19, GROVELAND, FL 34736
      View Details
    • $250,000
      1,000 SF

      Commercial Lot Ready to Build

      Cleared commercial lot for sale in Groveland, Florida.
      0000 STATE ROAD 19, GROVELAND, FL 34736
      View Details
    • $250,000
      1,000 SF

      Cleared Commercial Lot Ready to Build

      Commercial lot with direct access to State Road 19.
      0000 STATE ROAD 19, GROVELAND, FL 34736
      View Details
    • $250,000

      Commercial Lot Ready to Build

      Cleared commercial lot in Groveland with direct access to State Road.
      15511 STATE ROAD 19, GROVELAND, FL 34736
      View Details
    • $250,000

      Commercial Lot Ready to Build

      Cleared, level commercial lot with direct access to State Road.
      STATE ROAD 19, GROVELAND, FL 34736
      View Details
    • $299,900

      Equestrian Estate Waterfront Parcel

      5.38-acre waterfront parcel in gated Ranch Club community.
      CUTTING HORSE WAY, GROVELAND, FL 34736
      View Details
    • $499,000

      Lakefront Land on Cherry Lake

      Exceptional lakefront homesite on the Clermont Chain of Lakes.
      0 CHERRY LAKE ROAD, GROVELAND, FL 34736
      View Details
    • $179,900

      Residential Land in Groveland, FL

      Acreage lot in Great Blue Heron Estates.
      18353 GREAT BLUE HERON DRIVE, GROVELAND, FL 34736
      View Details
    • $985,000

      Turn-Key Restaurant on Hwy 50

      Profitable restaurant with drive-through in growing Groveland, Florida.
      299 E BROAD St, Groveland, FL 34736
      View Details
    • $158,000

      Residential Lot in Gated Community

      0.72-acre lot in gated community, Groveland, FL.
      7425 JASMINE STREET, GROVELAND, FL 34736
      View Details

    FAQs

    What type of property is this?
    Land - Land for sale in Groveland, Florida.
    Where is this land located?
    The property is located at SR-19 Groveland, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: S 1/2 OF GOV LOTS 3; S 1/2 OF GOV LOT 4--LESS W 50 FT; GOV LOT 5--LESS N 1550 FT OF W 50 FT
    (813) 321-2282
    We can help!
    Listing Contact
    SAMIH SADIQ
    Real Estate License ID: 3577381
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    SR-19, GROVELAND, FL 34736
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!