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Investment Highlights

  • Predominantly uplands with strong proximity to I-75
  • Subdivision proposals considered
  • 4,170 ± feet of frontage on CR-470 and 605 ± feet on CR-527N

Property Facts

Price $11,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units - Subsidized
  • Single Family Residence
Total Lot Size 177.00 AC

1 Lot Available

Lot

Price $11,000,000
Price Per AC $62,146.89
Lot Size 177.00 AC

Description

CR-470 and I-75 Land Investment is one of the last few remaining privately owned tracts of this size in this particular part of Sumter County. The subject property boast 4,170 ± feet on CR-470 and 605 ± feet on CR-527N. The property has been historically used for sod, cattle, and hay productions. The ranch has been owned by the same family for generations and this is the first time it has been offered for sale in over 100 years. In addition to extensive road frontage, the property is predominantly uplands and has tremendous proximity to I-75. With heavy population growth back to the east of 301, the area surrounding the subject property has experienced industrial and commercial growth along CR-470. The vast majority of this property sits within a joint planning area with the City of Bushnell. While the seller prefers to move the property as a whole, logical proposals from buyers in regards to subdivision of a portion of the property will be considered.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • J10-009
  • J15-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$62,370
  • Listing ID: 40810410

  • Date on Market: 6/5/2026

  • Last Updated:

  • Address: 41 CR 527N, Lake Panasoffkee, FL 33538

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