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Marion County, FL · Sold

FL-401800

1655 County Road 198

$15,800
$9,518/ac · 1.66 ac
Acreage1.66 ac
Price per acre$9,518/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedJan 11, 2025
Coordinates29.2147, -82.0810
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

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

View Marion market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands29.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.9%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area1.11 of 1.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,192
$11,393$16,991 · $8,549/ac on 1.66 ac
Asking vs estimate
+11.3%
Priced above the comp set

Weighted from 7 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 $15,800
Maximum allowable offer
$8,110
$4,885/ac · +30.0% target margin

You need $7,690 off asking to hit this margin.

All-in cost$8,799
Net resale$13,057
Projected profit$4,257
ROI+48.4%
Annualized+69.2%
Break-even resale$5,762/ac
Profit if resale lands off target
-20%
$1,646
-10%
$2,952
0%
$4,257
+10%
$5,563
+20%
$6,868
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-781137
Gravel · Power at road
1.0Jun 24, 2026$12,50012,15210,0778.2 mi
79
FL-611206
Dirt · Off grid
1.1Mar 26, 2026$6,7006,1667,0702.0 mi
77
FL-643392
Dirt · Off grid
5.3Jun 14, 2026$48,3009,19410,8764.0 mi
73
FL-881431
Gravel · Off grid
1.3Mar 16, 2025$7,4005,8406,0155.5 mi
71
FL-143237
Dirt · Full utilities
4.7Jul 27, 2026$41,2008,7877,1708.2 mi
71
FL-231004
Dirt · Off grid
0.9Feb 28, 2025$7,4007,9259,4755.7 mi
66
FL-190818
Dirt · Off grid
0.8Nov 13, 2024$6,1007,5869,1645.6 mi
63
Show adjustment detail for the top comp
  • Tract size (1.03 ac → 1.66 ac)-0.6%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (2 mo)+0.6%

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.