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36221 Lake Unity Nursery Rd Fruitland Park, FL 34731

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Estimated value
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Property ID US18-4995570

Property summary

AI-generated overview

Lake Griffin Farms is a 516± acre oasis near Leesburg, Florida, just an hour northwest of Orlando in the midst of the nation’s fastest growing metro area. Held by the same family for over 130 years, and only the third ownership since the Spanish Land Grant, this undeveloped property is a rare anomaly in an area of the state that is known for its growth and development. According to US Census Data, The Villages, an age-restricted adult community just 5± miles from Lake Griffin Farms, had the fastest growing population rate for the third straight year. The community, with a population of 119,000, was also ranked on the Forbes 2016’s Best Places to Retire list. The latest expansion of The Villages in their efforts to meet the sales demands (an impressive 200 resales per month and 200 new construction sales per month) was in Lake County towards Lake Griffin. Lake Griffin Farm’s most notable feature is its 1.3± miles of shoreline on the 9,428± acre Lake Griffin. The lake is seven miles long and three miles wide, and is a popular lake for crappie, as well as largemouth bass, bluegill, speckled perch, and catfish. Please call for pricing information.

Property profile

Verified
Property type Land
UPID US18-4995570

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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