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Property profile

6801 Hwy 17-92 Loughman, FL 33896

OFF-MARKET
Land
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2.32 ac lot

Property summary

AI-generated overview

This exceptional 2.32-acre parcel in Davenport, Florida, presents a compelling residential development opportunity. Located on US Hwy 17-92 N, this cleared land boasts convenient access to major thoroughfares, including the I-4 Expressway, providing easy commutes to Orlando and beyond. The property is zoned RL-4X, allowing for single-family development, with potential for upzoning to RMX for increased density and multifamily or townhome construction. All utilities—electric, cable, internet, water, sewer, trash, and recycling—are readily available. The site benefits from its strategic location near recently constructed planned communities, a future 288-unit apartment complex, and the Publix-anchored Loughman Crossing shopping center, indicating strong growth potential. Traffic counts on Ronald Reagan Parkway, where the property fronts, have increased by over 50% in four years. The area offers excellent schools within a short drive, including Loughman Oaks Elementary, Mater Academy Charter School, Davenport School of the Arts, and Davenport High School. Loughman Park, with playgrounds and sports courts, is within walking distance. Residents will enjoy proximity to numerous dining, shopping, and entertainment options, as well as world-class resorts, theme parks (Walt Disney World is just 10 miles away), and beaches within a reasonable driving distance. The property consists of three parcels (APN: 28-26-06-000000-042040, 28-26-06-932800-006093, 28-26-06-932800-006092) and is not located within a Community Redevelopment Area (CRA). This is an ideal investment for developers seeking a prime location in a rapidly expanding market. The asking price is $449,000.

Property profile

Verified
Property type Land
Lot 2.32 ac (101,059 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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