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6691 County Road 763
Arcadia, FL 34266
Asking Price
$1.44M
Asset Type
Commercial Land
Class
Class B
What's Special
90.89+/- Acres <p><span style="color: rgba(49, 66, 61, 1)">Cleared agricultural land with existing irrigation infrastructure located on Hog Bay Road in Arcadia, Florida. Formerly an active citrus grove, the property has been fully cleared, creating a blank slate for future agricultural use, rural estate development, or long-term land investment.</span></p><p><span style="color: rgba(49, 66, 61, 1)">Zoned A-10 (1 dwelling per 10 acres), the property offers potential for residential development, family compounds
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NOI
$80,000
Cap Rate
5.56%
DSCR
0.94
Underwater
Cash-on-Cash
-1.27%
Monthly Payment
$7,124.334
Annual Cash Flow
$-5,492.012
