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Property profile & analytics
OFF-MARKET
Land

739 & Florida State Rd Webster, FL 33597

16.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16.5-acre parcel presents a unique investment opportunity in Webster, Florida. Located at the intersection of CR 739 and Florida State Road 50, this property boasts approximately 255 feet of highway frontage on SR 50. Currently zoned A10C, the land is designated as unclassified Parcel S24-013 and sits outside the urban development area with a future land use designation of Agriculture. While the current zoning permits a single dwelling unit due to the parcel size exceeding 10 acres, subdivision for residential purposes is not permitted as it is under 20 acres. The property features mature oak trees, adding to its natural beauty. Importantly, the Florida Department of Transportation is currently widening SR 50 from two to four lanes in this area, a project that will significantly enhance accessibility and safety, increasing the property's value and potential. Access to the property will be via CR 739/784. Priced at $497,000, or approximately $30,121 per acre, this land offers substantial potential for various uses, given its prime location and highway frontage. The seller is open to co-op arrangements.

Property profile
Verified
Property type Land
Lot 16.5 ac (718,740 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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