0 American Way, Groveland, FL 34736
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.