This time around, that niche could be on Keene Road in northwest Orange County, just outside of Downtown. Daryl Carter, acting as a trustee for various private investment groups, so far has paid $3.73 million in three separate transactions totaling 431 acres. The all-cash deals equate to an average $8,642 per acre or an average 20 cents per sf.

Carter tells GlobeSt.com his clients are holding the dirt as a long-term investment. Daryl Carter is president of Maury L. Carter & Associates Inc., a 25-year-old brokerage founded by his father. Maury Carter and his firm are directly involved in the three Keene Road transactions.

The newest purchase of 18.3 acres for $320,000 from W & F Agrigrowth Fernfield is on the southwest corner of Ocoee-Apopka Road (County Road 437) and Keene Road, bounded on the west by the Western Beltway (State Road 429). The price equates to $17,486 per acre or 40 cents per sf.