Polk County, FL · Sold

FL-229286

2999 County Road 3

$2,048,100

$5,453/ac · 376 ac

Offer report Market this tract

Acreage376 ac

Price per acre$5,453/ac

ZoningResidential

Road accessPaved

UtilitiesPower at road

TopographyRolling

ListedJul 7, 2024

Coordinates28.0192, -81.7144

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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

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

View Polk market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands3.1% of tract

Little to no mapped wetland coverage.

Average slope12.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,707 ft of deeded road frontage.

Power38 ft away

Power at or near the road.

Buildable area291.15 of 375.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,301,815

$1,138,167 – $1,465,463 · $3,466/ac on 376 ac

Asking vs estimate

+57.3%

Priced above the comp set

Weighted from 9 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 $2,048,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$743,894

$1,981/ac · +30.0% target margin

You need $1,304,206 off asking to hit this margin.

All-in cost$807,125

Net resale$1,197,670

Projected profit$390,545

ROI+48.4%

Annualized+69.2%

Break-even resale$2,336/ac

Profit if resale lands off target

-20%

$151,011

-10%

$270,778

$390,545

+10%

$510,312

+20%

$630,079

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
FL-478617 Gravel · Off grid	231.3	Jul 27, 2026	$781,600	3,379	4,084	7.0 mi	81
FL-758616 Dirt · Power at road	231.2	Jul 27, 2026	$696,800	3,014	3,600	4.5 mi	80
FL-627930 Gravel · Power at road	140.6	Jul 27, 2026	$486,500	3,460	3,101	2.4 mi	75
FL-578964 Landlocked · Power at road	297.4	Aug 5, 2024	$579,800	1,949	3,428	3.7 mi	73
FL-858948 Paved · Full utilities	294.0	Sep 28, 2024	$1,534,800	5,220	4,297	9.4 mi	70
FL-497691 Dirt · Power at road	118.3	Mar 16, 2026	$363,400	3,072	3,108	4.5 mi	68
FL-627675 Landlocked · Power at road	116.9	Jul 27, 2026	$290,600	2,485	3,123	12.2 mi	68
FL-798211 Gravel · Off grid	172.4	Jul 29, 2025	$469,400	2,723	3,160	6.5 mi	65
FL-887673 Landlocked · Power at road	116.7	Jan 8, 2024	$260,600	2,232	3,104	4.8 mi	58

Show adjustment detail for the top comp

Tract size (231.33 ac → 375.58 ac)-13.1%
Access (Gravel → Paved)+18.0%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV