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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3422 State Rte Sumterville, FL 33585

1,881 SF 10 ac lot Built 2017
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2017
Total area 1,881 SF
Lot 10 ac (435,600 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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