0 Lk Streety Grv, Frostproof, FL 33843
Exceptional investment opportunity: 90.89 acres of Valencia orange grove in Frostproof, Florida, priced at $1,100,000 ($12,103/acre). This owner-user property boasts significant road frontage: 1,028 feet on paved Otto Polk Road and 2,822 feet on Lake Streety Road, offering versatile development potential. The grove benefits from a robust irrigation system powered by a 10-inch well and a Detroit diesel engine, ensuring consistent water supply. Its convenient location, less than a mile from US 27, provides easy access to major transportation routes. The substantial acreage and extensive road frontage make this property ideal for various uses, including residential development or conversion to alternative agricultural pursuits. The existing Valencia grove provides immediate income potential while offering the flexibility to adapt to future needs. This is a rare opportunity to acquire a large parcel of land with excellent infrastructure and strategic location in a thriving agricultural region. Serious inquiries only.
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.