0 180Th St McAlpin, FL 32062
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.