3422 State Rte Sumterville, FL 33585
- Retail properties
- 1,881 SF
- 10.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3422 State Rte
- Year built
- 2017
- Lot size
- 10.00 lot acres
- Property size
- 1,881 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sumterville
- County
- Sumter
- State
- Florida
- Longitude
- -82.0558
- Latitude
- 28.7055
