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    19/98 Us Hwy Otter Creek, FL 32626

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    19/98 Us Hwy Otter Creek, FL 32626


    • Land
    • 1,131.00 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 19/98 Us Hwy

    Lot size
    1,131.00 lot acres
    Property type
    Land

    Description

    This exceptional 1,131-acre timberland investment opportunity in Levy County, Florida, presents a unique blend of commercial and recreational potential. Located conveniently off US Highway 19/98, the property boasts excellent access via a well-maintained internal road system. The land comprises diverse features, including 171 acres of merchantable planted pine, 468 acres of premerchantable planted pine, and 45 acres ready for reforestation following recent harvesting. An additional 447 acres of natural timber, including hardwoods and cypress in wetland areas along Otter Creek, provide significant wildlife habitat. The property's productive soils and history of professional management by major timber companies ensure a strong foundation for continued growth and yield. Abundant wildlife, including deer, wild turkey, hogs, and small game, makes this an ideal location for hunting and recreational pursuits. The permitted zoning is Forestry/Rural Residential. The asking price is $3,845,400, representing a price per acre of $3,400. Parcel numbers include 187200400, 188700300, 187000000 (part), and 189000200 (part). Additional timberland and recreational tracts are also available in the area. This property is an excellent investment for those seeking a combination of sustainable timber production and prime recreational land in a desirable Florida location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Otter Creek
    County
    Levy
    State
    Florida
    Longitude
    -82.7725
    Latitude
    29.3345
    More about this property
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