0 Lunn Rd / Mt Pisgah Rd, Fort Meade, FL 33841
This exceptional 24-acre commercial land parcel presents a unique investment opportunity in Fort Meade, Florida. Located near historic downtown, this property is ideally suited for residential development, offering potential for a manufactured home community or single-family subdivision. Currently zoned for low-density residential use, the site boasts convenient access to US Highway 17 (within half a mile) and the Peace River Trail (one mile away). Utility connections are readily available nearby. The property's location in Polk County, with the address at Lunn Road / Mount Pisgah Road, zip code 33841, offers significant advantages for developers. Active annexation and rezoning efforts are underway to bring the land under Fort Meade jurisdiction. This presents a streamlined path to development. The asking price is $1,500,000, translating to $62,500 per acre. An adjacent 26-acre parcel may also be available for acquisition, presenting the possibility of expanding the development scope significantly. This prime location and the potential for substantial growth make this a compelling investment opportunity for discerning developers seeking a foothold in a growing Florida market. The latitude and longitude coordinates are 27.7372148 and -81.793293 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.