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Lake County, FL · Sold

FL-364022

8087 County Road 138

$68,300
$8,239/ac · 8.29 ac
Acreage8.29 ac
Price per acre$8,239/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedMay 23, 2026
Coordinates28.7779, -81.6156
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

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

4 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands47.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

289 ft of deeded road frontage.

Power13,802 ft away

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

Buildable area4.17 of 8.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$78,163
$57,411$98,914 · $9,429/ac on 8.29 ac
Asking vs estimate
-12.6%
Priced below the comp set

Weighted from 8 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 $68,300
Maximum allowable offer
$44,664
$5,388/ac · +30.0% target margin

You need $23,636 off asking to hit this margin.

All-in cost$48,460
Net resale$71,910
Projected profit$23,449
ROI+48.4%
Annualized+69.3%
Break-even resale$6,354/ac
Profit if resale lands off target
-20%
$9,067
-10%
$16,258
0%
$23,449
+10%
$30,640
+20%
$37,831
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-374372
Dirt · Power at road
10.7Jul 27, 2026$120,10011,2439,76512.1 mi
85
FL-233266
Dirt · Full utilities
4.8May 2, 2026$43,3009,0416,1837.5 mi
80
FL-774716
Dirt · Power at road
13.7Jul 27, 2026$122,1008,9077,91611.1 mi
76
FL-874078
Landlocked · Off grid
8.6Feb 28, 2025$84,0009,73413,10410.5 mi
74
FL-304413
Landlocked · Off grid
11.0Apr 30, 2024$85,9007,80211,0586.4 mi
73
FL-312985
Dirt · Power at road
3.9Nov 12, 2025$32,4008,2866,9908.6 mi
69
FL-793219
Dirt · Off grid
4.6Nov 5, 2024$35,0007,5607,86711.3 mi
66
FL-875561
Landlocked · Full utilities
25.3Jan 12, 2025$316,50012,52113,2385.2 mi
59
Show adjustment detail for the top comp
  • Tract size (10.68 ac → 8.29 ac)+2.0%
  • Utilities (Power at road → Off grid)-15.0%

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.