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0 Hwy 33 - Okahumpka, FL 34748

OFF-MARKET Land Google Maps
1.26 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 1.26 ac (54,886 SF)

Cap rate & NOI

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

Value estimations

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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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