17545 Us Highway 27, Minneola, FL 34715
This exceptional 18.87-acre commercial land parcel, located at 17545 US Hwy 27 in Minneola, Florida (APN 06-22-26-0002-000-03400), presents a significant investment opportunity. The property is an assemblage of five parcels (Alternate Key#'s 2920467, 1086671, 1509521, 1025044 and 1025036) zoned B-1 Business District, allowing for multi-family medium-density development. Situated in South Lake County's rapidly expanding area, this site benefits from its proximity to nearly 10,000 new homes under construction, including the Highland Oaks community (166 homes, average price $200,000-$250,000) and the expansive Hills of Minneola project. The recently completed Florida Turnpike Exit #278 enhances accessibility, further fueling growth from Orlando. The property boasts excellent US Hwy 27 visibility and easy access, making it ideal for a variety of commercial ventures. An additional 0.31-acre lot with Hwy 27 frontage is also available. All information is believed accurate but subject to verification. Asking price is $3,400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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