Property profile

20539 Independence Blvd Groveland, FL 34736

FOR SALE
Industrial land
Property ID
US18-8472423
1.36 ac lot
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.36-acre commercial and industrial land parcel is ideally situated at 20539 Independence Blvd in Groveland, Florida, within the Christopher C Ford Commerce Park. Priced at $600,000 ($441,000 per acre), this flat, build-ready site offers significant advantages for developers and businesses. The property boasts excellent visibility and frontage along SR 27, ensuring high traffic exposure. Zoned for Light Industrial use, this location provides ample opportunity for a variety of commercial and industrial developments. Convenient ingress and egress is provided off Constitution Way, facilitating easy access and transportation. The property's location in Lake County, Florida, zip code 34736, offers a strategic position within a growing area. This is a rare opportunity to acquire a prime piece of land in a desirable location, ready for immediate development. The site's flat terrain simplifies construction, minimizing site preparation costs and accelerating project timelines. Don't miss this chance to secure this exceptional property.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 1.36 ac (59,242 SF)
APN 20-21-25-1303-000-00200
UPID US18-8472423

Cap rate & NOI

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

Location

20539 Independence Blvd Groveland, FL 34736
Groveland metro Census 31206 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
1 recorded transaction
2021
$200,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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