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$1,245,000
Est. payment /mo
10 Acres Lot
UPDATED:
11/23/2024 05:07 AM
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID G5076190
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $18
Lot Size 10.000 Acres
Acres 10.0
Lot Dimensions 1082x450
Property Description
This 10-acre parcel with frontage on County Road 462 and County Road 121 offers an exceptional opportunity for development. Located just outside The Village and very close to several new single family and multi-family developments. This is a very fast-growing area with average household Income of $111,685 and an average home value of $455,449 within one mile area. The increasing population is currently around 40,036 within 3 miles area. The Florida DOT website shows an Average Annual Daily Traffic count of 10600 trips. This section of CR 462 also has a bike lane and sidewalks. City Water and sewer are close by. The property has been rezoned institutional (IN) zoning and has been approved for a 200-bed assisted living facility. Other allowable uses under IN zoning included Childcare, Professional office, Schools, Churches, funeral homes, retail sales, and more. This property would be an ideal location for an Independent/assisted living facility. The median age within one mile is approximately 71.2 and 67.9 within a 3 miles area of this site. It is also an ideal location for a storage facility to meet the needs of the growing population. Other ideal uses for this site include a residential development, place of worship, medical office and much more.
Location
State FL
County Sumter
Zoning R1
Exterior
Utilities Available Public
Building
Lot Size Range 10 to less than 20
Sewer None
Water None
Others
Ownership Fee Simple
Special Listing Condition None
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