Property profile

0 American Way Groveland, FL 34736

OFF-MARKET
Land
12.89 ac lot
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Property summary

AI-generated overview

This exceptional 12.89-acre parcel presents a rare opportunity for industrial development in Groveland, Florida. Located on American Way, this property boasts a prime location off US 27, at the intersection of SR 19 and Florida's Turnpike, offering convenient access to major transportation arteries. A mere 35-minute drive from Orlando positions this land within a thriving and rapidly expanding metropolitan area. The site is zoned for Light Industrial use, aligning perfectly with the City of Groveland's designated Employment Center future land use designation. Parcel ID 20-21-25-120000000501 further identifies this strategically positioned land. The property benefits from its proximity to the nearly fully occupied Christopher C. Ford Commerce Park, highlighting the high demand and limited availability of industrial land in this section of the Orlando market. This scarcity, coupled with the population growth on the west side of the Orlando MSA, makes this one of the last remaining development opportunities within this sought-after commerce park. The property's size and zoning make it ideal for a variety of industrial uses, presenting a compelling investment prospect for developers and businesses seeking a strategic foothold in a high-growth area. This is a unique chance to secure a substantial land holding in a location poised for continued expansion and economic prosperity.

Property profile

Verified
Property type Land
Lot 12.89 ac (561,488 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

American Way Groveland, FL 34736
Groveland metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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