911 Fl-48 Groveland, FL 34736
- Land
- 60.00 lot acres
Current Use by Public Records
- Isalis / Jewelry Store / Gift Shop
- Party City / Costume Store / Party Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 911 Fl-48
- Lot size
- 60.00 lot acres
- Property type
- Land
Description
This exceptional 60-acre commercial land parcel presents a remarkable investment opportunity in rapidly growing Groveland, Florida. Strategically located at 911 FL-48, 34736, this property boasts three boundaries directly adjacent to The Villages' expansion areas, offering unparalleled potential for future development. The Villages is currently pursuing entitlements with the City of Leesburg for a substantial 4,200-acre expansion project known as "Secret Promise," further enhancing the property's value and prospects. Convenient access to major transportation arteries, including the Florida Turnpike and I-75, adds to its appeal. Currently zoned AG, the property benefits from the proximity of City of Leesburg utilities and a receptive attitude towards annexation and entitlements for future development. Lake County Property Appraiser Alternate Keys: 1701333, 3794012. The asking price for this significant land holding is $4,500,000. This presents a unique chance to capitalize on the explosive growth surrounding The Villages and secure a prime position in a thriving Florida market. The property's location, size, and adjacency to a major planned expansion make it an ideal candidate for a variety of commercial ventures.
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
- Groveland
- County
- Lake
- State
- Florida
- Longitude
- -81.9386
- Latitude
- 28.6985
