Property profile

0 Highway 40 Dunnellon, FL 34431

OFF-MARKET
Land
276.42 ac lot
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Property summary

AI-generated overview

This exceptional 276.42-acre agricultural property is situated just north of the Withlacoochee River, conveniently located along scenic Highway 40 between Inglis and Dunnellon, Florida, in Levy County. Offered for sale for the first time in over 60 years, this land boasts a rich history as part of the Goethe and Lybass holdings. Mature pines were harvested in January 2023, leaving a diverse landscape of hardwoods, cabbage palms, cypress, and remaining pines. Bell Branch Creek forms a natural eastern boundary, adding to the property's scenic beauty and ecological value. The property features abundant wildlife and is perimeter fenced on three sides, providing security and privacy. Two convenient access points are located directly on Highway 40. For everyday conveniences, Publix and Walmart Supercenter are a short ten-minute drive away in Dunnellon. The property is zoned for Forestry/Rural Residential use and has an APN of 0387800000. The asking price is $1,658,120, representing a price per acre of $6,000.

Property profile

Verified
Property type Land
Lot 276.42 ac (12,040,855 SF)

Cap rate & NOI

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

Location

Highway 40 Dunnellon, FL 34431
Dunnellon metro
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Value estimations

Realmo proprietary · 4 methods
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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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