0 Villa City Rd, Groveland, FL 34736
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.