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790 Us Highway 27 Lake Placid, FL 33852

Sponsored
For Sale
$450,000

1.37 Acres, Hwy 27 Frontage, High Traffic

Description

Added:
Dec 11, 2024
Days on Market:
396
This exceptional 1.37-acre commercial land parcel presents a prime development opportunity in Lake Placid, Florida. Strategically located on US Highway 27, boasting approximately 150 feet of frontage, this property benefits from a high daily traffic count of 21,500 vehicles (AADT). The C-1 zoning allows for a diverse range of commercial uses, making it ideal for various business ventures. Utilities are stubbed to the site, simplifying development. The property's location adjacent to a thriving Advance Auto Store further underscores its potential within this high-energy retail corridor. The asking price is $450,000, translating to $346,154 per acre. The property's APN is P-06-37-30-A00-0030-0000. This is a rare chance to acquire a highly visible and accessible commercial site in a growing area of Central South Florida. The property's address is 790 US Hwy 27, Lake Placid, FL 33852. This location offers excellent visibility and accessibility for businesses seeking a prominent presence along a major thoroughfare. The high traffic volume ensures significant exposure to potential customers. The existing infrastructure, including stubbed utilities, reduces development costs and timelines. This is a turnkey opportunity for investors and developers seeking a high-return investment in a desirable location.

Property Features for 790 Us Highway 27

General Information

Property type
Land
Lot Size
59,677 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Building Supply Pharmacy Wholesale Shop Department Store HVAC Service Discount Store Convenience Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lake Placid
County
Highlands
State
Florida
Longitude
-81.358173819471
Latitude
27.289578067709

FAQs

What type of property is this?
Land - 1.37 Acres, Hwy 27 Frontage, High Traffic
Where is this land located?
The property is located at 790 Us Highway 27 Lake Placid, FL.
What is the asking price?
The asking price for this property is $450,000.
More about this property
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