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    OFF-MARKET
    Land

    0 Sr 40, Astor Park, FL 32102

    17 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 17-acre commercial land parcel in Astor, Florida, presents a unique development opportunity. Located in Lake County, this property boasts PUD approval granted in 2006, permitting the construction of 52 residential homesites. The minimum lot size is 50 feet, with a minimum structure size of 1,200 square feet. Detailed surveys, including topographic, tree, and wetland delineations, along with a comprehensive site plan, are readily available for review. Approximately 5 acres of wetlands are included, though they are not currently planned for development. The property is conveniently situated near the St. Johns River and offers direct access to State Road 40, ensuring excellent accessibility. The asking price is $475,000, translating to approximately $27,941 per acre. The property's APN is 07-15-27-0100-000-03102. This is an ideal investment for developers seeking a well-positioned, approved project in a desirable Florida location. The property is zoned PUD. This offering represents a rare chance to acquire a substantial land holding with significant development potential in a rapidly growing area.

    Property profile
    Verified
    Property type Land
    Lot 17 ac (740,520 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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