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    OFF-MARKET
    Land

    0 Villa City Rd, Groveland, FL 34736

    5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5-acre property in Groveland, Florida (APN 13-22-24-0002-000-08400), is zoned Vacant Institutional and offers significant development potential. Currently priced at $750,000, this fee-simple land boasts over 800 feet of road frontage on Villa City Rd, providing excellent visibility and accessibility. The lot has already been leveled and filled, and public utilities are readily available. Its prime location in a rapidly growing area makes it ideal for a variety of uses, including residential developments such as duplexes or townhomes, catering to the high demand for affordable housing. Alternatively, with a zoning change, the property could be suitable for light industrial, storage facilities, or even a daycare center. The property's versatility and strategic location present a compelling investment opportunity. Prospective buyers are encouraged to conduct their own due diligence and verify all details with the City of Groveland to fully explore the potential uses and value of this exceptional land parcel. This is a rare opportunity to acquire a large, well-situated parcel in a thriving Florida community.

    Property profile
    Verified
    Property type Land
    Lot 5 ac (217,800 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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