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    OFF-MARKET
    Land

    0 Highway 182, Jay, FL 32565

    41.58 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 41.58-acre property in Santa Rosa County, Florida, presents a unique investment opportunity. Located in the Chumuckla Community of Jay, Florida, this land boasts 1110 feet of paved frontage on Highway 182, ensuring excellent visibility and accessibility. The property is zoned AG-RR (Rural Residential Agriculture District), allowing for low-density residential development with a potential of one dwelling unit per acre, alongside agricultural uses. Currently farmed, crops will be removed by year's end. Its strategic location offers easy access to Interstate 65 (35 miles) and Interstate 10 (20 miles), providing seamless connectivity to major transportation arteries. The property is situated just four miles from the University of Florida Agricultural Research Center and is conveniently located near the towns of Jay (15 minutes north) and Pace (south), offering proximity to urban amenities. The property's abundant acreage allows for various development options, including the creation of spacious estates or a farming enterprise. The land can be divided into smaller tracts, with options including a 21.16-acre tract fronting Hwy 182 and a 16.66-acre tract accessible from Salter Road. The asking price is $698,760, with a price per acre of $16,805.19. The APN is 13-3N-30-0000-01800-0000 less 16.4 acres. Ownership is fee simple. This property offers a blend of rural living with convenient access to major transportation routes and urban conveniences. GPS coordinates can be used to locate the property near 2995 Hwy 182, Jay, FL.

    Property profile
    Verified
    Property type Land
    Lot 41.58 ac (1,811,225 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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