108 Lake Francis Rd Lake Placid, FL 33852
This exceptional 5-acre commercial parcel is located at 108 Lake Francis Road, Lake Placid, Florida, 33852. Zoned for agricultural use, this property offers a unique blend of rural tranquility and convenient access to urban amenities. Situated just a short distance from downtown Lake Placid and a half-mile from the picturesque Lake Francis, it provides a serene setting while remaining close to essential services. City utilities are readily available at the property line, simplifying development and ensuring modern conveniences. The location offers easy access to major roadways, with US 27 and SR 66 providing convenient connections. For those seeking recreational opportunities, the renowned Sebring International Raceway is less than 10 minutes away, and the vibrant city of Sebring is approximately 15 miles distant. Priced at $149,500, this property presents a compelling investment opportunity for those seeking a versatile commercial land holding in a desirable Florida location. The property's size and zoning make it suitable for a variety of commercial ventures, offering significant potential for future growth and development. This is a rare chance to acquire a substantial parcel of land in a thriving community, combining the best of rural living with the convenience of nearby urban centers.
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
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.