Property profile

13 State Rd Old Town, FL 32680

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

This exceptional one-acre lot presents a unique investment opportunity in Old Town, Florida. Located on State Road 349 North, Lot 13 boasts 150 feet of road frontage, providing excellent visibility and accessibility. The property is conveniently situated outside of any flood plain, simplifying development plans. Its wooded character offers a tranquil setting with ample space for a variety of uses. The zoning allows for both commercial and residential development, opening doors to diverse possibilities, from building a custom home to establishing a small business. The location offers significant advantages, with proximity to essential amenities. Within approximately 2.5 miles lies the Suwannee River at Purvis Landing, featuring a public boat launch and picnic area, perfect for recreation. Shopping, schools, medical facilities, and dining options are all within minutes of the property, ensuring convenience and attracting potential residents or customers. This versatile lot combines the peace of a natural setting with the convenience of a thriving community, making it an ideal choice for investors seeking a prime location with significant development potential. The asking price is $31,500. Don't miss this chance to acquire this desirable property in Old Town, Florida, zip code 32680.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

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

Location

13 State Rd Old Town, FL 32680
Old Town metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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