0 Keene Rd Umatilla, FL 32784
This exceptional 18-acre parcel in Umatilla, Florida, presents a unique opportunity for residential development. Located in a rapidly growing area near the Ocala National Forest, this property boasts a desirable semi-rural setting with easy access to connecting roads leading to Ocala and other northern Florida cities. The land features rolling terrain and is situated adjacent to Lake View Terrace, offering a tranquil yet convenient location. The asking price is $500,000. This property includes two parcels, 061827010500000100 and 061827010500000300, within the UMATILLA, GIBSON & GOTHERMAN ADD. The zoning allows for the development of approximately 22 residential lots, with potential for additional commercial development. This presents a significant opportunity for investors seeking to capitalize on the burgeoning growth in the North Umatilla area. The property's location near the Ocala National Forest provides a desirable lifestyle for future residents, while its proximity to major roadways ensures easy access to amenities and employment centers. This is a rare opportunity to acquire a substantial land holding in a high-growth area.
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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