Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    180Th St McAlpin, FL 32062
    Back to Search
    Property profile & analytics

    180Th St, McAlpin, FL 32062

    View on Map
    • Land
    • 78.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 180Th St

    Lot size
    78.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 78-acre ranch in McAlpin, Florida, presents a compelling investment opportunity. Located in Suwannee County (zip code 32062), this property boasts beautiful rolling terrain currently used as a hay field, offering potential for continued income generation. The eastern boundary features a mature hardwood line, adding to the property's natural beauty and providing a tranquil setting. The land is zoned Ag 1, allowing for various agricultural uses, including the possibility of converting the hay field to pastureland. With paved road frontage, the site is ideally suited for the development of a private country estate. Its convenient location offers proximity to the amenities of Lake City while also being close to area springs and rivers for recreational activities. The quiet, rural setting enhances its appeal as a peaceful retreat or a sound investment. The asking price is $608,400, translating to $7,800 per acre. Mineral rights are not included in the sale. This property offers a unique blend of agricultural potential, recreational access, and development possibilities, making it an attractive investment in the desirable Florida countryside. The coordinates are 30.1238494 latitude and -82.8399464 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    McAlpin
    County
    Suwannee
    State
    Florida
    Longitude
    -82.8399
    Latitude
    30.1238

    Comparable in this City

    • Value Estimation by Request
      5,502 SF

      9929 170th Ter

      STORE/OFFICE (MIXED USE)
      9929 170th Ter, Mc Alpin, FL 32062-2813
      View Details
    • Value Estimation by Request
      1.25 Acres

      17233 99th Dr

      VACANT COMMERCIAL LAND
      17233 99th Dr, Mc Alpin, FL 32062-2516
      View Details
    • Value Estimation by Request
      1.26 Acres

      Mc Alpin, FL 32062

      VACANT COMMERCIAL LAND
      Mc Alpin, FL 32062
      View Details
    • Value Estimation by Request
      4,290 SF

      6769 180th St

      MANUFACTURING (LIGHT)
      6769 180th St, Mc Alpin, FL 32062-2852
      View Details
    • Value Estimation by Request
      330 SF

      7782 182nd Path

      PROFESSIONAL CLUBS/ASSOCIATIONS
      7782 182nd Path, Mc Alpin, FL 32062
      View Details
    • Value Estimation by Request
      1,260 SF

      17718 County Rd 252

      MANUFACTURING (LIGHT)
      17718 County Rd 252, Mc Alpin, FL 32062-2050
      View Details

    Similar Nearby for Sale

    • $169,500
      Pending

      Gorgeous 10.62-Acre Land Parcel

      Stunning 10.62-acre parcel in a sought-after location.
      1 55Th Pl, McAlpin, FL 32062
      View Details
    • $169,500

      10.62 Acres of Agricultural Land

      10.62 acres of land perfect for horses or livestock.
      1 55Th Pl, McAlpin, FL 32062
      View Details
    • $179,900

      Pasture Land with Carports

      10.01 acres of pasture with well and carports.
      2 55Th Pl, McAlpin, FL 32062
      View Details
    • New
      $179,900
      10.01 Acres

      Pasture Land with Carports

      10.01 acres of pasture with well and carports.
      2 55Th Pl, McAlpin, FL 32062
      View Details
    • $74,900

      McAlpin, Florida Agricultural Land

      Five acre lot in a quiet country setting.
      158TH 158Th Ter, McAlpin, FL 32062
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    180Th St
    McAlpin, FL 32062
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    180Th St, McAlpin, FL, 32062
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!