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Investment Highlights

  • ±3,200 SF restaurant/retail building
  • Prime Highway Commercial Opportunity – Nearly Build-Ready Retail Site in the Heart of Lake Placid

Property Facts

Price $499,900
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.26 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $499,900
Price Per AC $1,922,692.31
Lot Size 0.26 AC

Description

Prime Highway Commercial Opportunity – Nearly Build-Ready Retail Site in the Heart of Lake Placid Position your brand in one of Lake Placid’s fastest-growing retail corridors. This high-visibility US 27 commercial site is surrounded by established national franchises and major traffic drivers including Dunkin’, T-Mobile, Tractor Supply, Save-A-Lot, Dollar Tree, Beef ‘O’ Brady’s, Anytime Fitness, and the upcoming Culver’s development — creating a powerful retail synergy and built-in customer flow. This C-1 zoned commercial parcel is uniquely positioned for franchise operators, developers, and retail users seeking a near shovel-ready opportunity with significant upfront development work already completed. The property includes previously approved plans for a ±3,200 SF restaurant/retail building, along with survey, utility planning, and sewer engineering already in place. A Florida DEP permit has already been issued for the wastewater collection/transmission system improvements, including lift station and force main infrastructure — dramatically reducing development timelines and helping accelerate the path to construction. Why Franchise Site Selectors Should Move Quickly: Prime frontage and visibility on busy US Highway 27 Co-tenancy with nationally recognized retailers and restaurants Strong demographic growth and regional draw area Utilities and sewer planning substantially advanced Existing permitted site/building plans save valuable time and costs Limited availability of franchise-ready commercial parcels in this corridor Central Highlands County location with access to Tampa, Orlando, Sarasota, and South Florida markets Whether you envision quick-service restaurant, medical, retail, specialty food, or service-oriented commercial use, this site offers a rare combination of location, momentum, and development readiness that is increasingly hard to find in today’s market. Opportunities with this level of entitlement progress and surrounding franchise momentum are becoming scarce — secure your position before the next national brand does.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
P-31-36-30-040-0000-0100
Land Assessment
$74,000
Improvements Assessment
$1,560
Total Assessment
$75,560
  • Listing ID: 40773700

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 123 US Highway 27 S, Lake Placid, FL 33852

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