Property profile

2631 Hwy Fruitland Park, FL 34731

OFF-MARKET
Office Spaces
26 ac lot
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Property summary

AI-generated overview

This exceptional 26+/- acre Planned Unit Development (PUD) in Fruitland Park, Florida, presents a remarkable opportunity for commercial and multi-family development. Strategically located on US Highway 441, this property boasts high visibility with over 1,000 linear feet of frontage on US Hwy 441-27 and 845 linear feet on Register Road, experiencing an average daily traffic count exceeding 30,000 vehicles. City utilities are readily available, and the potential for a signalized entry enhances accessibility. The PUD zoning allows for diverse development options, including multi-family residential, assisted living facilities (ALF), independent living facilities (ILF), self-storage, and general commercial uses. Offsite water retention is available, simplifying the development process. This prime location in Central Florida offers easy access to major transportation arteries such as I-75, the Florida Turnpike, US Highway 27, and US Highway 441, placing it within an hour of Orlando. The property's proximity to The Villages and the Harris Chain of Lakes, known for world-class golfing and fishing, adds significant appeal. Conceptual plans are available for review. The asking price is $5,900,000. Property APN: 04-19-24-000100001600. This is a truly unique opportunity to capitalize on the thriving growth in this desirable area of Florida.

Property profile

Verified
Property type Office Spaces
Lot 26 ac (1,132,560 SF)

Cap rate & NOI

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

Location

2631 Hwy Fruitland Park, FL 34731
Fruitland Park metro
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Value estimations

Realmo proprietary · 4 methods
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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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