$3,300,000

0 SE Highway 70 Unit 20204853 Arcadia, FL 34266

Estimated payment $21,683/month

Total Views 893
139 Acres
$23,741 Price per Acre
6,054,840 Sq Ft Lot

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.

Listing Agent

Keat Waldron

Saunders Real Estate

Saunders Real Estate
Listing Provided By

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

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 863-216-2936
  • Listing Website: https://www.land.com/property/southeast-highway-70-arcadia-florida-34266/20204853/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Outside Features: Cattle Working Pen
  • Potential Use: Industrial, Residential Multi-Family, Residential Single, For Development
  • Number of Wells: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Road Description: Asphalt, U.S. Highway
  • Fencing: Cross Fenced

Condo/Co-op/Association

  • Amenities: Perimeter Fencing

Lot Info

  • Current Use: Agriculture
  • Lot Description: Acreage, Pasture, Some Trees, Level
  • Soil Type: Other

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 For Sale $3,300,000 -- --