Property profile

Hwy 40 Dunnellon, FL 34431

OFF-MARKET
Other commercial real estate
Property ID
US18-9178012
2,772 SF 16.71 ac lot Built 1991
Entity Owned 11-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a 655-acre parcel in Marion County featuring more than one mile of frontage along the Withlacoochee River and over two miles of paved frontage on Highway 40. The land is described as high and dry and the site has been replanted with pine trees. A small creek traverses the property and drains toward the river. The property consists of multiple parcels, and public utilities are located to the east near the Dunnellon city limits. Zoning permits a residential density of one unit per 10 acres.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1991
Construction WOOD FRAME
Total area 2,772 SF
Lot 16.71 ac (727,888 SF)
Zoning code MH
APN 33686-001-01
UPID US18-9178012

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Hwy 40 Dunnellon, FL 34431
Dunnellon metro Census 2703 OCALA, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2014
3 recorded transactions
2014
$4.2M
2012
$100,000
2008
$2.5M

Zoning & alternative use

MH · Dunnellon, FL
Zoning description

MH district is permitted only in the low density, medium density and high density residential land use categories and is designed particularly to serve the needs of mobile home parks or subdivisions. Because of relativel…

General category RESIDENTIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Hwy 40?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message