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CR 48

Lots/Land For Sale
$192,000

BTC: 2.99113829

ETH: 108.90898159

-$13K (2026/03/31)
483 days
Waterfront
0 room(s)

Overview

Everyone knows the real estate mantra: location, location, location. This property stands out precisely because of its location, surrounded by rural residential land where mobile homes are restricted, but traditional homes and barndominiums are welcomed. What makes this property truly intriguing is its long-term potential. While it currently supports residential uses, long-term, the highest and best use is likely commercial, which typically carries a higher land value and investment upside. This property presents a unique opportunity for the self-employed professional who wants to operate a business from home. Whether you have equipment, vehicles, or require a workshop, this land offers the flexibility needed to accommodate those needs. Additionally, if you embrace the barndominium lifestyle—enjoying chickens, horses, and gardening—you could find this property to be a perfect fit. The barndominium structure can also be converted to a commercial building in the future, enhancing its versatility. The property must be annexed into the City of Bushnell to obtain building permits. Prospective buyers should carefully review the Land Development Regulations to understand commercial use requirements. The seller is acceptable to a 120-day due diligence period, allowing buyers to thoroughly explore their options and investment potential. This property is a strategic investment with possibility of future commercial value. Whether you seek a unique home-business blend or a forward-looking commercial investment, this opportunity could be your golden egg waiting to hatch.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
5.00 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$148,250
$71K – $170K
Confidence Low
List vs. estimate
$43K above estimate
List $192,000 · +29.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7
2024
Waterfront
Pond
Pets
Allowed
All facts and features
  • Lot

    • Lot: 5.00 Acres

    Other Property Information

    • Parcel Number: N23032

    • Zoning: CI-160

  • Type and style

    • Property Type: Land

  • Utility

    • Electrical Nearby

    • Electricity Available

    • Utility Pole

  • Other financial information

    • Annual tax amount: $7

  • Source details

    • MLS ID: O6283847

    Other facts

    • Lot Features: Buildable / Cleared / Farm / In County / Oversized Lot / Pasture / Rural

    • Direction Faces: South

    • Waterfront: Yes

    • Water Source: Well

    • Lot Size Dimensions: 710 x 220 x 655 x 425

Private inquiry
Talk to the advisor on this listing.
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Market around this address

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: XCELLENCE REALTY INC.