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Search Land - 5.89 Acres Highway Commercial

5.89 Acres Highway Commercial

$3,500,000
18221 US Highway 441, Eustis, FL
Status: Active
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Property Type
Acreage
Commercial Acreage
Acreage
5.89 acres
County
Lake, FL
Format
Sale
Features
Hwy-County Rd Frontage
List Date
Aug 24, 2020
Documents
N/A
Description
On six laned Hwy. 441 - 40,000 cars per day. Many features enhance the value on this property:Floor Area Ratio of 2.0; building height of up to 50 feet is allowed; the frontage road in place - left in/left out right in/right out; median; city utilities; and Eustis hungry for quality development. The new entrance to beltway encircling the Orlando MSA is 5 miles away. Estimated Acres: 5.89 acres on Highway 441. Located in the City of Eustis, these parcels are adjacent to the Mount Dora marketplace and are 1/4 mile to PUBLIX, LOWES, KEY Foods, Starbucks and many more retail shops. Over 40,000 cars per day pass in front on this property which has a frontage road in place and utilities at the site. A preliminary plat to divide the property into three parcels has been presented to the city and is in process. PROPERTY HIGHLIGHTS: 40,000 cars per day Frontage road in place City Utilities at the site Conceptual plans available Approved as a hotel site Approved as a retail site Approved as an office site Approved as a multi-family development site
Listing Agent
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Benjamin Crosby
Co-Op Member Owner
Crosby & Associates, Inc
Winter Haven, Florida
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