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Property profile & analytics
OFF-MARKET
Specialty properties

108 Lake Francis Rd Lake Placid, FL 33852

5 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Lot 5 ac (217,800 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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CAP Approach CAP
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Comparable Approach Comparable
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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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