Listed by Advantage Realty #1
$3,021,125
4333 Us-98 Highway
Details
APN C-22-35-31-A00-0040-0000
Property Type Land
Sub Type Commercial
Acreage 241.690
Zoning AU
Land | 241.69 acres
Marketing description
242+-Acre Ranch Lorida Florida Beautiful green bahia pastures fenced and cross fenced with watering ponds, seasonal creek currently leased for cattle with upside potential of multiple unused access road entries could easily be divided into multiple smaller ranches. With Lake Istokopa and the 12 Hours of Sebring/NASCAR Raceway to the west only minutes away and all the growth pushing away from our coastal cities this property has tremendeous upside potential for future development! Proforma metrics: Sod operation at $1,500-$2,200 per acre/ Watermelon farm lease @$250 per acre/ Cattle lease after improving pasture into Hemarthria grass to raise cattle production to 1 cow per two acre after harvesting sod. Hold with highest possible income then when ready to take highest potential profit on sale extend the existing northerly roads into the subject property creating 5-10 acre tracts at $25,000-$30,000 oer acre(Upside Potential) doubling your money/investment!
Investment highlights
- Type: Acreage
- Lot Size Area: 241.69 acres
- County/Parish: Highlands
- Status: Active
- Additional Property Type: Acreage
- Frontage Length: 3704
- Water Source: Private, Well
- Utilities: Electricity Available
- List Price: $3,021,125
- Zoning Details: AU
- Listing Terms: Cash, Conventional
Listing Contacts
Listed by Advantage Realty #1
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