697 Anderson Rd Groveland, FL 34736-2900
- Retail space
- 1,657 SF
- 0.44 lot acres
Jan 29, 2021
Current Use by Public Records
- Retail space
Property Details for 697 Anderson Rd
- Year built
- 1987
- Construction
- WOOD FRAME
- Lot size
- 0.44 lot acres
- Property size
- 1,657 SF
- Property type
- Retail space
- APN
- 24-22-24-1100-116-00600
- APU
- 242224110011600600
Description
This exceptional owner-user retail property, located at 697 Anderson Rd, Groveland, FL 34736, presents a compelling investment opportunity in one of Florida's fastest-growing cities. The 1,161 square foot free-standing building sits on a 0.44-acre lot and boasts a prime location on Highway 33 South, less than half a mile from Highway 50, ensuring high visibility and accessibility. Built in 1987 and extensively renovated in 2021, the property features fresh pavement, new paint, and attractive landscaping. The C-2 zoning allows for a variety of commercial uses. The building's asking price is $428,000, translating to $368.65 per square foot. Groveland's remarkable population growth of 88.4% over the past decade, coupled with its strategic location in the path of westward expansion from Orlando, makes this a rare opportunity to capitalize on a thriving market. Highway 50's daily traffic count of 30,000 vehicles further underscores the property's exceptional potential. The property's single-story design and ample lot size offer flexibility for future expansion or development. This is an ideal investment for owner-users seeking a well-maintained, high-visibility location in a rapidly expanding market. The property's APN is 2813202.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Groveland
- County
- Lake
- State
- Florida
- Longitude
- -81.852
- Latitude
- 28.5511
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA