Glencruiten Ave Lake Alfred, FL 33850
- Land
- 3.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Glencruiten Ave
- Lot size
- 3.50 lot acres
- Property type
- Land
Description
This exceptional 3.5-acre commercial land parcel presents a remarkable investment opportunity in the burgeoning Lake Alfred, Florida market. Located on Glencruiten Ave N, this corner site boasts excellent visibility and accessibility from a busy highway (Hwy-17), ensuring high traffic exposure for any development. The property is zoned CG and features a total area of 3.5 acres, offering ample space for a variety of commercial uses. Potential development options include retail centers, medical facilities, office buildings, quick-service restaurants, self-storage units, or a combination thereof. The site's strategic location benefits from a high average annual daily traffic count of 26,500 vehicles. With over 600 new homes planned for nearby development, this property is ideally positioned to capitalize on the area's rapid growth and increasing demand for commercial services. The land is clear and ready for immediate development, offering significant potential for substantial returns. The property is available for sale as a whole or can be parceled out for individual sale or lease. Seller financing is also available, making this an attractive proposition for various investors. The property's APN is 262733000000034040. This is a rare opportunity to acquire a prime commercial site in a thriving Florida community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Alfred
- County
- Polk
- State
- Florida
- Longitude
- -81.723
- Latitude
- 28.0865