2982 N Bowden Rd Avon Park, FL 33825
For Lease
This exceptional 34.3-acre property in Avon Park, Florida, presents a unique investment opportunity. Currently utilized as a citrus grove featuring both young and mature Valencia orange trees, it boasts 750 feet of prime frontage on Lake Adelaide. The land is zoned for agricultural use, offering flexibility for future development. The property includes a 12-inch diesel-powered well and a low-volume irrigation system, showcasing existing infrastructure. Its strategic location provides convenient access to retail shopping within a five-minute drive. Furthermore, the property benefits from its proximity to established residential development to the south, suggesting strong potential for future growth and development. The central Florida location offers easy access to major metropolitan areas including Tampa, Orlando, Sarasota, Fort Myers, and West Palm Beach, enhancing its appeal and accessibility. The asking price for this remarkable parcel is $617,400. This property is situated at 2982 N Bowden Rd, Avon Park, FL 33825, in Highlands County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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