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Lake County, FL · Sold

FL-678638

9553 County Road 368

$1,315,400
$5,600/ac · 235 ac
Acreage235 ac
Price per acre$5,600/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJun 27, 2025
Coordinates28.7592, -81.8233
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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

1 item to verify before you offer.

Risk index
20
Low risk
Wetlands8.8% of tract

Little to no mapped wetland coverage.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,615 ft of deeded road frontage.

Power9,154 ft away

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

Buildable area203.50 of 234.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,449,157
$1,210,888$1,687,426 · $6,170/ac on 235 ac
Asking vs estimate
-9.2%
Priced below the comp set

Weighted from 6 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 $1,315,400
Maximum allowable offer
$828,090
$3,526/ac · +30.0% target margin

You need $487,310 off asking to hit this margin.

All-in cost$898,478
Net resale$1,333,224
Projected profit$434,747
ROI+48.4%
Annualized+69.2%
Break-even resale$4,158/ac
Profit if resale lands off target
-20%
$168,102
-10%
$301,424
0%
$434,747
+10%
$568,069
+20%
$701,391
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-718194
Dirt · Off grid
170.3Jan 15, 2026$782,9004,5985,0087.0 mi
80
FL-979528
Gravel · Power at road
447.6Jul 27, 2026$2,864,0006,3996,58312.3 mi
74
FL-448248
Dirt · Power at road
177.1Oct 22, 2025$1,221,2006,8976,5169.7 mi
71
FL-277787
Dirt · Off grid
126.8Jun 8, 2025$909,8007,1757,4073.4 mi
70
FL-587419
Dirt · Full utilities
97.1Jul 27, 2026$702,8007,2364,64512.6 mi
68
FL-349885
Paved · Full utilities
579.6Jul 27, 2026$5,260,5009,0757,01214.6 mi
67
Show adjustment detail for the top comp
  • Tract size (170.27 ac → 234.88 ac)-8.6%
  • Access (Dirt → Gravel)+16.3%
  • Market time (7 mo)+2.4%

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.