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Property profile & analytics
OFF-MARKET
Land

0 Tbd Park Center Hill, FL 33514

8.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.7-acre commercial land parcel in Center Hill, Florida (zip code 33514, Sumter County), presents a unique investment opportunity. Currently zoned R2C with a future land use designation of Rural Residential (RR), the property is ideally situated for cemetery development, given its proximity to an existing cemetery and the city's stated allowance for such uses via Special Use Permit. The seller is prepared to assist the buyer in navigating the permitting process following contract execution. A private "road" has already been established on-site to mitigate traffic impact on neighboring properties. The property's location within a rapidly growing area, positioned between The Villages and Lake County, makes it particularly attractive for long-term investment. City ordinances regarding cemeteries, crematories, and mausoleums, including ingress/egress, parking, and setbacks, are readily available. While other uses may be permissible, a thorough analysis suggests cemetery development offers the highest potential return on investment given the area's expanding population and current market demands. The asking price for this strategically located property is $2,500,000. This represents a compelling opportunity to capitalize on the burgeoning growth of Central Florida. The property is annexed into the city of Center Hill, simplifying the permitting process. Detailed city codes regarding cemetery development are available upon request.

Property profile
Verified
Property type Land
Lot 8.7 ac (378,972 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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