0 Rockridge Rd Lakeland, FL 33809
This exceptional 2,864-acre property, known as JEH Ranch, presents a unique investment opportunity in Lakeland, Florida. Located five miles north of Lakeland, in Polk County (APN: 211926110000000900), this expansive land parcel is zoned AG and boasts approximately 1,000 acres of improved pastures ideal for grazing and hay production. The remaining 1,800+ acres are in their native state, providing a haven for abundant wildlife, including whitetail deer and wild Osceola turkeys. While the offering excludes buildings, it does include a small set of cattle working pens and several large-diameter deep water wells strategically positioned throughout the improved pastures. A perpetual conservation easement is in place, limiting development to a maximum of nine homesites, each a minimum of 100 acres. This easement also allows for the continuation of historic uses such as cattle production, timber production, sod and seed production, with the exception of row crop production. An additional 200 acres of native range can be converted to improved pasture if desired. The property features approximately half a mile of frontage on Rock Ridge Road, a paved county-maintained collector road. This significant acreage represents one of the few remaining large privately-owned tracts in West Central Florida, offering substantial potential for various agricultural and conservation-minded ventures. The asking price is $18,616,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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