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Under contract-accepting backup offers. This 10-acre parcel with frontage on County Road 462 and County Road 121 offers an exceptional opportunity for development. Located just outside The Village and very close to several new single family and multi-family developments. This is a very fast-growing area with average household Income of $111,685 and an average home value of $455,449 within one mile area. The increasing population is currently around 40,036 within 3 miles area. The Florida DOT website shows an Average Annual Daily Traffic count of 10600 trips. This section of CR 462 also has a bike lane and sidewalks. City Water and sewer are close by. The property has been rezoned institutional (IN) zoning and has been approved for a 200-bed assisted living facility. Other allowable uses under IN zoning included Childcare, Professional office, Schools, Churches, funeral homes, retail sales, and more. This property would be an ideal location for an Independent/assisted living facility. The median age within one mile is approximately 71.2 and 67.9 within a 3 miles area of this site. It is also an ideal location for a storage facility to meet the needs of the growing population. Other ideal uses for this site include a residential development, place of worship, medical office and much more.
| DAYS ON MARKET | 642 | LAST UPDATED | 6/12/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 34785 - Wildwood |
| COUNTY | Sumter | STATUS | Pending |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| PRICE HISTORY | |
| Prior to May 31, '24 | $1,600,000 |
|---|---|
| May 31, '24 - Aug 5, '24 | $1,300,000 |
| Aug 5, '24 - Sep 24, '24 | $1,295,000 |
| Sep 24, '24 - Feb 3, '25 | $1,245,000 |
| Feb 3, '25 - Today | $950,000 |
| ADDITIONAL DETAILS | |
| AREA | 34785 - Wildwood |
|---|---|
| LOT | 10 acre(s) |
| LOT DIMENSIONS | 1082x450 |
| SEWER | None |
| TAXES | 18.36 |
| WATER | None |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Jonathan Martin, CARLINO REAL ESTATE GROUP INC, 352-326-2662
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 9/9/25 10:05 PM PDT.
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