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Groveland, FL 34736

$2,300,000
5,787
SqFt
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List Price
$2,300,000
Status
Active
Days on Market
137
MLS#
G5113908
Property Style
Mixed Use
Year Built
2007
Living Area
5,787
Lot Size
88,378
Acres
3.08
Total Acreage
2 to less than 5
MLS Area Major
Groveland
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Property Description

Income-producing commercial property with an established long-term tenant already in place, plus a vacant industrial lot located at the rear of the property. Situated on 3+ acres with valuable frontage along busy Hwy 27 N, this unique offering provides immediate cash flow with outstanding future upside potential. Endless possibilities for investors, developers, or owner-users, continue collecting income while land banking for future growth, expand the existing use, or utilize the rear industrial acreage for contractor-based businesses such as HVAC, plumbing, electrical, landscaping, storage, service yards, and more. Excellent visibility, strong traffic exposure, and flexible potential make this a rare opportunity in a rapidly growing corridor. Public water, well for sprinklers.

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Additional Information

Taxes Annual
$11978
Community Features
No Deed Restriction
Property Description
One Story
Zoning
C / INDUS
Utilities
Electricity Available, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
20-21-25-1200-000-00201
Legal Description
LAKE COUNTY CENTRAL PARK PHASE 1 SUB THAT PART OF LOT 2 DESCRIBED AS FOLLOWS: BEG AT NE'LY COR OF LOT 2 RUN S 01-05-30 W 360.90 FT N 76-06-55 W PARALLEL WITH SW'LY R/W LINE OF US HWY 27 A DIST OF 282.77 FT S 44-58-51 W 80.47 FT N 32-52-37 W 32.69 FT N 44-58-51 E 129.67 FT N 14-36-41 E 288.85 FT TO SW'LY R/W LINE OF US HWY 27 S 76-06-55 E 196.11 FT TO POB PB 35 PGS 1-5 ORB 5311 PG 171
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Listing courtesy of COLDWELL BANKER HUBBARD HANSEN. 352-394-4031

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