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    FOR SALE
    Industrial land

    20539 Independence Blvd, Groveland, FL 34736

    1.36 ac lot
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US18-8472423
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    B & L Capital LLC · 4 yrs held
    B & L Capital LLC
    since 2021
    1 recorded transaction
    2021
    $200,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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