Property profile

42801 Fl-19 Altoona, FL 32702

OFF-MARKET
Land
2.43 ac lot
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Property summary

AI-generated overview

This exceptional 2.43-acre property in Altoona, Florida, presents a unique opportunity for residential development or potential commercial rezoning. Located in Lake County, with the address 42801 FL-19, and APN 31-17-27-0001-000-00300, this land offers a blend of rural tranquility and convenient access to urban amenities. The property is situated near the Ocala National Forest, providing a semi-rural environment with proximity to both nature and the conveniences of nearby cities. Easy access to major roadways ensures quick commutes to Ocala and DeLand. The asking price is $175,000. Altoona and Umatilla are experiencing significant growth, making this a particularly attractive investment. The property's dual agricultural and residential zoning offers flexibility for various development plans. Serious inquiries are encouraged to explore the possibilities of this versatile land parcel. Further information is available upon request. This is a rare opportunity to secure a substantial piece of land in a rapidly developing area of Florida.

Property profile

Verified
Property type Land
Lot 2.43 ac (105,851 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

42801 Fl-19 Altoona, FL 32702
Altoona metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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