Property profile

1470 Kenansville Rd Kenansville, FL 34739

OFF-MARKET
Land
381.5 ac lot
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Property summary

AI-generated overview

This exceptional 381.5-acre property in Osceola County, Florida, presents a unique investment opportunity. Currently zoned for Planned Residential Development, it features a 100-foot wide, 3,200-foot long FAA and FDOT approved turf runway with an 800-foot runway threshold. The concept envisions a rural airpark community, offering residents a tranquil retreat with convenient air access. Home designs will vary, creating a neighborhood with a semi-rural character. Private hangars are planned as part of this community development. The land is centrally located and easily accessible, approximately 12 miles north of YeeHaw Junction on US 441. The asking price is $4,200,000, translating to $11,009 per acre. The property includes APNs 24-3-0-33-0-000-0050, 22-3-0-33-0-000-0011, 22-3-0-33-0-000-0010, 23-3-0-33-0-000-0017, and 23-3-0-33-0-000-0030. This development opportunity combines the appeal of a private airpark with the charm of a semi-rural setting, making it an attractive proposition for discerning investors and developers. The location is 1470 Kenansville Rd, Kenansville, FL 34739.

Property profile

Verified
Property type Land
Lot 381.5 ac (16,618,140 SF)

Cap rate & NOI

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

Location

1470 Kenansville Rd Kenansville, FL 34739
Kenansville metro
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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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