3601 County Road 48 Okahumpka, FL 34762
- Freestanding property
- 1.60 lot acres
Current Use by Public Records
- Freestanding property
Property Details for 3601 County Road 48
- Lot size
- 1.60 lot acres
- Property type
- Freestanding property
- APN
- 15-20-24-0001-000-05900
Description
This 1.6-acre commercial lot in Okahumpka, Florida, presents a unique investment opportunity. Located at the hard corner intersection of County Road 48, this property benefits from high visibility and convenient access. Zoned CP - FLU - Urban Medium R6, it's ideally situated between the Florida Turnpike (2.75 miles west) and Highway 27 (1 mile east), placing it within a rapidly developing corridor of Lake County. The area boasts significant growth, with major grocery stores, fast-food restaurants, and mixed-use plazas already established nearby. Water and sewer are readily available at the intersection. A Phase 1 environmental site assessment and survey were completed in April 2022. The property's strategic location, coupled with its proximity to The Villages and the planned incorporation into the City of Leesburg, makes it an exceptional prospect for commercial development. The asking price is $1,500,000, representing a price per acre of $937,500. The APN is 15-20-24-0001-000-05900. This lighted intersection offers excellent visibility and accessibility, making it an attractive location for a variety of commercial ventures.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Okahumpka
- County
- Lake
- State
- Florida
- Longitude
- -81.894202787084
- Latitude
- 28.747726692998
