0 SE Highway 70 Unit 20204853 Arcadia, FL 34266
Estimated payment $20,693/month
Highlights
- Pasture
- Cross Fenced
- Level Lot
About This Lot
Riverline Ranch is one of the largest tracts of land available just outside the city limits of Arcadia. With ample road frontage on both HWY 70 and SE Hansel Ave, this property allows for multiple points of access for a future landowner or developer. The property can also be accessed from the east via SE Hagen St. Currently zoned A-5 for low density residential development (1 dwelling per 5 acres), this land also has the potential for a zoning change to Industrial use given the standards described in the DeSoto County Comp plan. The landowner is willing to subdivide off a 30 acre portion along HWY 70 at an adjusted price. Reach out to Keat Waldron, ALC, for details.
Located only 40 minutes from the west coast, this land serves as a great investment for the rancher or farmer who wants to benefit from the continued agricultural use of the land and the low carrying costs due to greenbelt exemption. Arcadia is constantly growing with sewer already available at the site and water located 2 miles to the west off of HWY 70. DeSoto County is currently expanding their water infrastructure in three phases, allowing for future growth to occur.
Comprised of nearly 95% uplands, the land is mostly pasture, with some large oak trees lining the perimeter fencing. It has been maintained as a cattle ranch for many years with electricity, cow pens, and well water on site.
Property Details
Property Type
- Land
Lot Details
- Property fronts a highway
- Cross Fenced
- Perimeter Fence
- Level Lot
- Few Trees
- Current uses include agriculture
- Potential uses include industrial, residential multi-family, residential single, for development
- Soil Types include Other
Farming
- Pasture
- Cattle or Livestock Pen
Utilities
- 1 Water Well
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2024 05/02/24 | For Sale | $3,300,000 | -- | -- |
- 0 NE Hwy 70 Unit MFRA4670282
- 0 SE Highway 70 Unit 20219781
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