1240 Hackney Rd Saint Cloud, FL 34771
For Sale
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This exceptional 5.47-acre parcel in St. Cloud, Florida (Osceola County, zip code 34771), presents a compelling investment opportunity for developers and builders. Located at 1240 Hackney Road, this high and dry land offers significant potential for residential development. Osceola County zoning allows for low-density residential construction, with a projected three to eight homes per acre. The property's size is 238,317 square feet. The asking price is $875,000. The land is conveniently situated just 15 minutes from downtown St. Cloud, 30 minutes from Orlando International Airport, and an hour from Melbourne beaches. Access to major roadways is also convenient, with the 417 toll road approximately 25 minutes away via Narcoossee Road, and the Florida Turnpike accessible in about 30 minutes via Highway 192. The property benefits from its proximity to the rapidly developing East side of St. Cloud and the growing Lake Nona area. The peaceful setting is surrounded by nature, yet close to the excitement of Orlando's theme parks. Note that the property includes a mobile home, which is not accessible for viewing and has no added value to the sale; only the land is being sold. The sale is AS IS. Two nearby areas are currently undergoing new home development by established builders. All information is deemed accurate and sourced from public records. Room measurements are estimated. Appointments are required for viewing. County documentation is available upon request. Buyers are responsible for conducting their own due diligence regarding intended use.
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.