$1,350,000

0 SE Highway 70 Unit 20219781 Arcadia, FL 34266

Estimated payment $8,835/month

Total Views 809
30 Acres
$45,000 Price per Acre
1,306,800 Sq Ft Lot

About This Lot

Riverline Ranch North Development consists of 30 acres and 1,320 feet of frontage on HWY 70 in Arcadia, FL. The property is located just 2.5 miles outside of town and is currently zoned A-5 (1 dwelling per 5 acres), with a "Rural" future land use designation. With the standards described in the DeSoto County Comp plan, there is a good opportunity to rezone the land for industrial use.

Close proximity to the west coast (only 40 minutes away) along with major roadways gives a future landowner quick and convenient access to Punta Gorda, Port Charlotte, Fort Myers, and Naples. Publix, Walmart, Culvers, and the Ford dealership are all located just a few minutes down the road from the site.

Given the great location and major corridors serving the region, this property will serve as a great 5 to 8 year investment hold with sewer already available at the site and water located just 2 miles to the west on HWY 70. DeSoto County is currently expanding their water infrastructure in three phases, creating great value for future development to occur.

***There is an additional 109 acres available that can be purchased at a discounted rate.

Listing Agent

Keat Waldron

Saunders Real Estate

Saunders Real Estate
Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Property fronts a highway
  • Perimeter Fence
  • Level Lot
  • Current uses include agriculture
  • Potential uses include industrial, residential multi-family, residential single, for development
  • Soil Types include Other

Farming

  • Pasture

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 863-356-7003
  • Listing Website: https://www.land.com/property/southeast-highway-70-arcadia-florida-34266/20219781/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Industrial, Residential Multi-Family, Residential Single, For Development
  • 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

Condo/Co-op/Association

  • Amenities: Perimeter Fencing

Lot Info

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

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold 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
05/03/2024 05/03/24 For Sale $1,350,000 -- --