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Property profile & analytics
OFF-MARKET
Land

19/98 Us Hwy Otter Creek, FL 32626

1131 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1131 ac (49,266,360 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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