Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3530 Co Rd Wildwood, FL 34785

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3530 Co Rd

    Property type
    Land

    Description

    This exceptional 8-acre commercial land parcel presents a unique investment opportunity in Wildwood, Florida. Situated on the north side of CR-44A, this property enjoys high visibility and convenient access, boasting a prime location near the bustling Brownwood Town Center. Zoned PUD, this site is part of a larger development encompassing 342 apartments and a 160-bed independent living facility, both currently under construction, ensuring a thriving and growing community. The property is delivered pad-ready, with off-site retention already in place and utilities readily available at the property line, minimizing development hurdles and accelerating project timelines. Its strategic location in the northwest quadrant of CR-44A and Powell Road places it adjacent to Brownwood Town Center, a vibrant hub offering year-round retail and dining options. Furthermore, its proximity to UF Health, The Villages Hospital, and The Center for Advanced Healthcare positions it ideally to serve a substantial and growing healthcare-focused population. The property consists of six parcels (G08-017, G08C001, G08-071, G08C007, G08C004, G08C002) totaling 8 acres, offering ample space for development. This is an unparalleled opportunity to establish a thriving retail or medical facility within a rapidly expanding and highly desirable area. The owner is Blount Development Wildwood LLC.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wildwood
    County
    Sumter
    State
    Florida
    Longitude
    -82.0272
    Latitude
    28.8536

    Comparable in this City

    • Value Estimation by Request
      1.37 Acres

      1004 Cleveland Ave

      Mixed-use properties • 1.37 Acres
      1004 Cleveland Ave, Wildwood, FL 34785
      View Details
    • Value Estimation by Request
      54.50 Acres

      Tpke

      Restaurants • 54.50 Acres
      0 Tpke, Sumterville, FL 34785
      View Details
    • Value Estimation by Request
      115.00 Acres

      Fl-44

      Land • 115.00 Acres
      0 Fl-44, Wildwood, FL 34785
      View Details
    • Value Estimation by Request
      18.00 Acres

      4609 Co Rd

      Land • 18.00 Acres
      4609 Co Rd, Wildwood, FL 34785
      View Details
    • Value Estimation by Request
      12.50 Acres

      Rice St

      Land • 12.50 Acres
      0 Rice St, Wildwood, FL 34785
      View Details
    • Value Estimation by Request

      00 Signature Rd

      Land
      00 Signature Rd, Wildwood, FL 34785
      View Details

    Similar Nearby for Sale

    • $11,000,000
      18.20 Acres

      Wildwood Commercial Land - 18.2 Acres

      Prime Commercial Land, SR 44 Frontage
      5680 State Road 44, Wildwood, FL 34785
      View Details
    • $2,499,000
      29.76 Acres

      Wildwood Commercial Land - $2.5M

      29.76 Acres, High Visibility, Investment Opportunity
      4102 County Road 181, Wildwood, FL 34785
      View Details
    • $600,000
      1.37 Acres

      Wildwood Commercial Land Investment

      1.37 Acres, Prime Location, High Growth
      1004 Cleveland Ave, Wildwood, FL 34785
      View Details
    • $1,000,000
      2.37 Acres

      Wildwood Commercial Land Investment

      Prime 2.37-acre vacant land in Wildwood, FL
      6023 County Road 44A, Wildwood, FL 34785
      View Details
    • $900,000

      Prime Wildwood Retail Land

      High-traffic retail lot near Brownwood Town Center.
      00 Signature Rd, Wildwood, FL 34785
      View Details
    • $1,599,000
      21.91 Acres

      Lakefront Commercial Land Assemblage

      21 Acres, C-3 Zoning, Wildwood, FL
      5627 Fl-44, Wildwood, FL 34785
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      15,800 SF

      Coleman Flex Business Park

      Wildwood, FL Industrial Suites
      2836 County Road 523, Wildwood, FL 34785
      View Details
    • Contact for pricing
      52,779 SF

      Wildwood Marketplace Retail Space

      Florida Retail Center: Multiple Spaces Available
      400 Gulf Atlantic Hwy, Wildwood, FL 34785
      View Details
    • $56,120

      Retail Space on State Road

      Retail space available for lease on State Road 44.
      6596 E State Road 44, Wildwood, FL 34785
      View Details
    • $2,700 /Mo
      2,500 SF

      New Upscale Flex Space Available

      Newly constructed flex space near The Villages in Central Florida.
      4707 County Road 156, Wildwood, FL 34785
      View Details
    • Contact for pricing
      3,316 SF

      Retail Space in Wildwood, FL

      Retail space available for lease in Wildwood, Florida.
      3530 County Road 44A, Wildwood, FL 34785
      View Details
    • $240,000

      Retail Space Available For Rent

      Retail space available for rent at $11 per square foot.
      4713 E State Road 44, Wildwood, FL 34785
      View Details
    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.
    3530 Co Rd
    Wildwood, FL 34785
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.