Current Use by Public Records
- Land
Property Details for 0 Tbd Park
- Lot size
- 8.70 lot acres
- Property type
- Land
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Center Hill
- County
- Sumter
- State
- Florida
- Longitude
- -81.9938
- Latitude
- 28.6517
