108 Lake Francis Rd Lake Placid, FL 33852
- Specialty properties
- 5.00 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 108 Lake Francis Rd
- Lot size
- 5.00 lot acres
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional 5-acre commercial property is located at 108 Lake Francis Road, Lake Placid, Florida, 33852. Ideally situated just minutes from the charming downtown area of Lake Placid, this versatile land offers a unique blend of tranquil rural surroundings and convenient access to local amenities. The property presents an excellent opportunity for a variety of commercial ventures or development projects. Its strategic location provides easy access to major roadways, with US 27 and SR 66 nearby. Furthermore, its proximity to Sebring, approximately 15 miles away, offers additional advantages, including the Sebring International Raceway and Sebring Airport, both less than 10 minutes from the property. City utilities are conveniently located at the front of the property, simplifying infrastructure connections. This prime parcel of land is priced at $149,500 and presents a compelling investment opportunity in a desirable location. The property is classified as Special Purpose land, offering considerable flexibility for future development. The 5-acre lot size provides ample space for various commercial endeavors. This is a rare opportunity to acquire a significant commercial property in a growing area of Florida.
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 Placid
- County
- Highlands
- State
- Florida
- Longitude
- -81.3959
- Latitude
- 27.3543
