Land - Real Estate in Lorida
Listing Price: $3,021,120
Description of Property
242+-Acre Ranch Lorida Florida Beautiful green bahia pastures fenced and cross fenced with watering ponds, seasonal creek currently leased for cattle with upside potential of multiple unused access road entries could easily be divided into multiple smaller ranches. With Lake Istokopa and the 12 Hours of Sebring/NASCAR Raceway to the west only minutes away and all the growth pushing away from our coastal cities this property has tremendeous upside potential for future development! Proforma metrics: Sod operation at $1,500-$2,200 per acre/ Watermelon farm lease @$250 per acre/ Cattle lease after improving pasture into Hemarthria grass to raise cattle production to 1 cow per two acre after harvesting sod. Hold with highest possible income then when ready to take highest potential profit on sale extend the existing northerly roads into the subject property creating 5-10 acre tracts at $25,000-$30,000 oer acre(Upside Potential) doubling your money/investment!
Property Details At A Glance
Property Type: Land
City: Lorida
County: Highlands
Subdivision: Sebring Ranchettes Sec A 1st R
Annual Tax: $300
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Sewer: None
Water Source: Well
Lot Information
Lot Size (acres): 241.69
Lot Size (sq. ft.): 10,528,000 square feet
Lot Dimensions: 3697 x 2123 x 1687 x 583 x 2043 x 2565
Road Frontage: Highway
Current Adjacent Use: Vacant
Additional Parcels: Yes
Additional Parcels Description: C-15-35-31-A00-0020-0000,C-21-35-31-A00-0040-0000,C-16-35-31-A00-0040-0000
Legal Description & Other Information
Financing Available: Cash
Parcel Number: C223531A0000400000
Zoning: AU
Tax Legal Desc.: A 82.49 ACRE TR IN THE NW COR OF SEC 22 22-35-31/4 82.49 ACRES
Section: 22
Range: 31E
Listing courtesy of ADVANTAGE REALTY 1. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
