0 Hwy 33 -, Okahumpka, FL 34748
This 1.26-acre commercial lot, located at Highway 33 - Lot 7 in Leesburg, Florida (APN 24-27-15-161082-000010), presents a unique investment opportunity. Situated in a thriving commercial park near the intersection of I-4 and SR 33 in Lakeland, this pad-ready site benefits from exceptional visibility and high traffic counts exceeding 100,000 vehicles daily. The property is zoned for commercial uses, making it ideal for retail, hotel, or industrial development. Existing infrastructure includes completed site work such as clearing, filling, spine road, curb, and off-site retention. Each parcel includes a 50-trip count allocation, with additional trip counts available for purchase. The asking price is $1,250,000. This location offers easy access from both SR 33 and a lighted intersection. Nearby businesses include Haverty's, HD Supply, Walmart, and Empire Flooring, indicating a strong commercial presence in the area. The property's proximity to the Florida Polyphonic Connector Road further enhances its appeal. This is a fully developed site ready for immediate construction, offering significant potential for return on investment. The property is part of a larger development with lots ranging from 1 to 7.75 acres.
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
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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.