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    OFF-MARKET
    Land

    0 Villa City Rd, Groveland, FL undefined

    61 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 61-acre parcel presents a remarkable waterfront development opportunity in Groveland, Florida. Boasting stunning lake views to both east and west, the property offers a unique blend of natural beauty, privacy, and convenient access to major roadways including Highway 50, Highway 27, and Florida's Turnpike. Currently zoned R-1, allowing for 12 residential homesites, the property's potential extends beyond this, with the possibility of achieving higher density. Its advantageous location directly abuts Groveland's city limits, presenting the potential for annexation. The surrounding area is experiencing significant growth, with a proposed Villa City Master Plan encompassing over 7,760 residential units, retail spaces, and industrial development, including 2,500,000 square feet of existing industrial space on Independence Boulevard. Lake County's robust economic expansion, driven by population growth and a strong job market, further enhances the investment potential. The property's central location between Mascotte, Clermont, Howey-in-the-Hills, and Leesburg provides easy access to various amenities and communities. The APN numbers are 30-21-25-0003-000-03000 and 30-21-25-0004-000-01900. This is a rare opportunity to capitalize on the burgeoning growth of Lake County and create a thriving residential community. Contact us for detailed information.

    Property profile
    Verified
    Property type Land
    Lot 61 ac (2,657,160 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
    AI Approach AI
    by Request
    CAP Approach CAP
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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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