42801 Fl-19, Altoona, FL 32702
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.
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
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Property description
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Risks
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