2107 Mcmichael Rd St. Cloud, FL 34771
This exceptional 199,940.4 square foot lot presents a unique investment opportunity in the rapidly developing St. Cloud, Florida area, specifically near the growing Narcoosee region. Located at 2107 McMichael Road, Osceola County, zip code 34771 (28.3116067, -81.2018973), this property is zoned for both commercial and residential use, offering unparalleled flexibility for developers and investors. The asking price is $800,000. Existing infrastructure includes readily available electricity and water connections, significantly reducing development costs and timelines. The property boasts several existing features, including a barn and a concrete slab, adding further value and potential for immediate use or repurposing. This expansive lot provides ample space for a variety of development projects, from single-family homes to commercial ventures, catering to the increasing demand in this thriving area. The strategic location and existing utilities make this a truly remarkable opportunity for those seeking a prime piece of land in a high-growth market. Don't miss this chance to capitalize on the potential of this versatile property.
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
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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.