3422 State Rte Sumterville, FL 33585
This exceptional 10-acre commercial property in Sumterville, Florida, presents a unique investment opportunity. The 1,881 square foot, 2017-built building offers immediate rental income potential, while the expansive lot, zoned RR AG, holds significant future development potential. Located near Bushnell's joint planning agreement area and directly across from Wildwood city limits and land owned by The Villages, this property boasts approximately 465 feet of frontage on SR 471 and 935 feet of depth. The existing structure is a four-bedroom, two-bathroom block home with a lifetime metal roof, providing a solid return on investment while awaiting future development. Future road maps indicate potential development nearby. While current fence lines don't precisely match property lines, this is part of a larger family plot, with additional acreage potentially available. This property offers a blend of immediate income and long-term growth potential in a rapidly developing area. The asking price is $1,000,000.
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
Similar Nearby for Sale
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.