Property summary
This exceptional 8.68-acre commercial land parcel presents a unique investment opportunity in Astor, Florida. Located outside the FEMA floodplain, this high and dry property boasts dual road frontage on SR 40 and Alco Rd, offering versatile access and development potential. Zoned CP for planned commercial use, it's ideally suited for a strip mall development, aligning perfectly with the established commercial corridor extending 300 feet on either side of SR 40. The property comprises two parcels, providing flexibility in design and development. The asking price is $649,000, translating to $74,770 per acre. Conveniently situated in Lake County, Florida, with a 32102 zip code, this location offers easy access to essential utilities, with sewer and water readily available nearby. This prime commercial land presents a compelling opportunity for investors seeking high-growth potential in a strategic location. The L-shaped configuration of the land allows for creative site planning and multiple access points. Don't miss this chance to acquire a well-positioned, high-value commercial property in a thriving area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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