0 Sr 40, Astor Park, FL 32102
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.