$7,800,000

Estimated payment $40,970/month

Total Views 9,436
13.05 Acres
$597,701 Price per Acre
568,458 Sq Ft Lot

About This Lot

INCREDIBLE OPPORTUNITY! Prime location on the busy intersection of SR 50 and SR 471. The ONLY corner currently for sale that has both SR 50 frontage AND SR 471 frontage. Approximately 13 acres. High traffic area in the path of future growth and development. Sumter County Economic Development has identified this area as a secondary “Economic opportunity zone” for Sumter County. There is currently no sewer or water available to site. On-site fire suppression could be accommodated by alternate ways. Please do not access site without prior approval. The property is currently zoned RR5C to allow for the current residential home however future land use is identified as potential commercial/heavy commercial. Industrial is also identified as potential future land use. For information on the most current DOT information for the road widening project please call or email. You can also reach out to the DeLand branch of DOT directly for questions and information on the SR 50 road widening project in south Sumter County. The parcel being sold T19-011 has already undergone SR 50 expansion alterations. Dimensions are approximate. Buyer or Buyer’s agent to verify all information. Existing heavy commercial and industrial already in the vicinity. Proof of funds required for offer submission. Sumter County is a pro-business county with an emphasis on manufacturing, distribution and agribusiness as targeted industries. Commute to Ocala, Tampa, Orlando or Lakeland in approximately 1 hour. Site visits are available by appointment only 7 days a week with 24 hours notice. For more information, call today.

Listing Agent

Connie Mahan

CONNIE MAHAN REAL ESTATE GROUP Brokerage Phone: 352-569-0233 License #3012742 Listed on: 03/27/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,234

Lot Details

  • 13.05 Acre Lot
  • 1,295 Ft Wide Lot
  • Property fronts a state road
  • Rural Setting
  • Unincorporated Location
  • South Facing Home
  • Oversized Lot
  • Property is zoned RR AG

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number T19-011

Property Details

Property Type

Land

Est. Annual Taxes

$1,234

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 13.05
  • Lot Size Sq Ft: 568458
  • Status: Active
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 13.72
  • Total Acreage: 10 to less than 20
  • Water Access YN: 0
  • Attribution Contact: 352-569-0233
  • Tax Year: 2023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: State Road
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electricity Available, Water Available
  • Sewer: None
  • Water Source: Well

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RR AG
  • Parcel Number: T19-011
  • Additional Parcels: No
  • Current Use: Agricultural
  • Lot Features: Buildable, In County, Oversized Lot, Rural, Paved, Unincorporated
  • Lot Dimensions: Irrg
  • Flood Zone Code: X, AE

Tax Info

  • Tax Annual Amount: 1233.57
  • Tax Block: Na
  • Tax Book Number: Na

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34 $3,100 -- --
2024 $1,234 $3,100 -- --
2023 $1,234 $131,785 $0 $0
2022 $1,175 $127,970 $0 $0
2021 $1,232 $126,610 $0 $0
2020 $1,211 $122,360 $6,460 $115,900
2019 $1,189 $121,350 $6,460 $114,890
2018 $989 $108,625 $6,460 $102,165
2017 $888 $91,275 $0 $0
2016 $879 $90,415 $6,460 $83,955
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 For Sale $7,800,000 -- --
Source: Stellar MLS

Source: Stellar MLS

MLS Number: G5079991

Stellar MLS

APN: T19-011