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Industrial Land with Long-Term Tenant
For Sale
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20540 Independence Boulevard, Groveland, FL 34736

Long-term tenant plus vacant rear industrial lot with highway frontage for contractor-yard or storage uses.

Property Size5,787 SF
Price / SF$397.44
Days on Market53

Property Features for 20540 Independence Boulevard

General Information

Standard status Active
Size 5,787 SF
Class C
Property subtype Industrial
Zoning C / INDUS
Lease Type NNN
Investment Type Sale/Leaseback

Building Details

Year Built 2007
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Coldwell Banker Tony Hubbard Realty
Listed By: Tamara Quilling Tasha Quilling-Hofer · License #BK-3252025
Source: Crexi
Added: Jun 20 Changed: Aug 8 Last Checked: Aug 10 at 9:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Tony Hubbard Realty

Investment Insights

Based on property information with market context.

This for-sale industrial property includes an income-producing setup with an established long-term tenant already in place, along with a vacant industrial lot located at the rear of the site. The offering combines income from the occupied portion with flexible land use at the back, supporting a range of industrial and service-oriented operations.

The property sits on 3+ acres with valuable frontage along busy Hwy 27 N, providing strong roadside exposure. Public water is available, and there is also a well for sprinklers to support site needs for landscaping or irrigation.

The vacant rear lot can be used in conjunction with the existing operations or separately for additional contractor-based businesses and storage/service activities, such as HVAC, plumbing, electrical, landscaping, or other industrial yard uses. For owner-users, developers, or investors, the layout supports collecting rent from the occupied portion while retaining a dedicated area for expansion or ongoing operational flexibility.

Key Highlights

  • Commercial property built in 2007 with a long‑term tenant already in place
  • Includes a vacant industrial lot at the rear of the property
  • On 3+ acres with valuable frontage along busy Hwy 27 N

Property Analytics

Current Use

Imagination Station Child ... Daycare Center Explorations Child Care ... Daycare Center

Suggested Use

Top Pick Garden Center Fish Market Restaurant Daycare Center Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 34736, FL

24,679
Population
10,029
Households
2.5
Avg Household Size
41
Median Age
32%
College-Educated
87%
High-School Grad
115.0 sq mi
ZIP Area
215
Density / Sq Mi
$82,478
Median Household Income
$42,322
Median Earnings
$1,535
Median Rent
$335,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Long-term tenant plus vacant rear industrial lot with highway frontage for contractor-yard or storage uses.
Where is this industrial land located?
The property is located at 20540 Independence Boulevard Groveland, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Commercial property built in 2007 with a long‑term tenant already in place; Includes a vacant industrial lot at the rear of the property; On 3+ acres with valuable frontage along busy Hwy 27 N
(352) 406-9924 Call to check price and availability
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