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Southeast 70 hwy - Riverline Ranch North Development 30 Acres of Residential Land Offered at $1,869,075 CAD in Arcadia, FL 34266
EXECUTIVE SUMMARY
From the intersection of HWY 17 and HWY 70 in Arcadia, take HWY 70 east approximately 4 miles and the property will be on your right (south side of HWY 70).
PROPERTY FACTS
| Price | $1,869,075 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 30.00 AC |
| Property Type | Land | ||
| Zoning | A-5FLU - Rural Residential | ||
| Price | $1,869,075 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 30.00 AC |
| Zoning | A-5FLU - Rural Residential |
1 LOT AVAILABLE
Lot
| Price | $1,869,075 CAD | Lot Size | 30.00 AC |
| Price Per AC | $62,302.50 CAD |
| Price | $1,869,075 CAD |
| Price Per AC | $62,302.50 CAD |
| Lot Size | 30.00 AC |
30 Acres Price Per Acre $45,000
DESCRIPTION
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.
PROPERTY TAXES
| Parcel Number | 02-38-25-0000-0140-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $24,775 CAD |
PROPERTY TAXES
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Southeast 70 hwy - Riverline Ranch North Development
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