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    OFF-MARKET
    Land

    42801 Fl-19, Altoona, FL 32702

    2.43 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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