Lake County, FL · Sold

FL-718194

255 County Road 389

$817,200

$4,799/ac · 170 ac

Offer report Market this tract

Acreage170 ac

Price per acre$4,799/ac

ZoningMixed Use

Road accessDirt

UtilitiesOff grid

TopographyMixed

ListedJul 28, 2025

Coordinates28.6724, -81.7638

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County GIS boundary

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County market

Lake County, Florida. Rural interior counties absorbing metro overflow; the country's hottest lot market.

View Lake market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands6.3% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,338 ft of deeded road frontage.

Power13,900 ft away

A long utility run — price in solar/off-grid instead.

Buildable area151.57 of 170.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,010,266

$832,762 – $1,187,770 · $5,933/ac on 170 ac

Asking vs estimate

-19.1%

Priced below the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $817,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$577,295

$3,390/ac · +30.0% target margin

You need $239,905 off asking to hit this margin.

All-in cost$626,365

Net resale$929,445

Projected profit$303,080

ROI+48.4%

Annualized+69.2%

Break-even resale$3,999/ac

Profit if resale lands off target

-20%

$117,191

-10%

$210,136

$303,080

+10%

$396,025

+20%

$488,969

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
FL-678638 Gravel · Off grid	234.9	Jul 27, 2026	$1,114,100	4,743	4,471	7.0 mi	85
FL-448248 Dirt · Power at road	177.1	Oct 22, 2025	$1,221,200	6,897	6,128	5.6 mi	81
FL-277787 Dirt · Off grid	126.8	Jun 8, 2025	$909,800	7,175	6,966	5.2 mi	76
FL-587419 Dirt · Full utilities	97.1	Jul 27, 2026	$702,800	7,236	4,369	14.3 mi	74
FL-496676 Dirt · Full utilities	56.7	Jul 27, 2026	$803,100	14,163	7,566	10.0 mi	70
FL-676468 Dirt · Off grid	48.8	Jul 27, 2026	$345,700	7,087	5,269	12.6 mi	69
FL-979528 Gravel · Power at road	447.6	Jul 27, 2026	$2,864,000	6,399	6,191	11.0 mi	68
FL-136708 Dirt · Power at road	58.0	Dec 3, 2025	$463,400	7,986	5,371	11.3 mi	64
FL-349885 Paved · Full utilities	579.6	Jul 27, 2026	$5,260,500	9,075	6,595	14.9 mi	63
FL-706723 Gravel · Off grid	58.7	Nov 29, 2024	$569,200	9,703	6,892	14.2 mi	56

Show adjustment detail for the top comp

Tract size (234.88 ac → 170.27 ac)+9.4%
Access (Gravel → Dirt)-14.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.

Build the listing kit Post a deal or JV