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Investment Highlights

  • Positioned on over 3 acres along Highway 27 with high visibility and traffic exposure.
  • Located in a growing Central Florida corridor near logistics, residential, and retail hubs.
  • Zoned to support a range of commercial, light industrial, and business applications.
  • Suitable for investors, developers, or service-based owner-users seeking scalability.

Executive Summary

This income-producing commercial property offers investors just over 3 acres of land along busy Highway 27 North, combining immediate cash flow with significant upside potential. The existing long-term tenant generates steady income under lease, while over an acre of vacant industrial land at the rear provides room for expansion or future development. Flexible opportunities abound for owner-users, developers, or those seeking a strong land bank play in one of Lake County’s most rapidly developing corridors.
The property includes a 5,787-square-foot structure positioned for optimal visibility and accessibility, supported by strong highway frontage and consistent traffic counts. Zoned for commercial and industrial uses, this site can accommodate a wide range of operations, from service-oriented businesses to storage or contractor yards. Proximity to major transport routes enhances its appeal for users who require regional connectivity. With Groveland’s growth trajectory and stable economic base, this asset represents a rare opportunity to combine secure income with long-term development potential.

Data Room Click Here to Access

Property Facts

Price $2,300,000
Price Per SF $397.44
Sale Type Investment or Owner User
Sale Condition Sale Leaseback
Property Type Specialty
Property Subtype School
Building Class C
Lot Size 2.04 AC
Building Size 5,787 SF
No. Stories 1
Year Built 2007
Zoning PUD
Somewhat walkable
20/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Number
20-21-25-1200-000-00201
Land Assessment
$246,840
Improvements Assessment
$377,508
Total Assessment
$624,348
  • Listing ID: 41002210

  • Date on Market: 6/20/2026

  • Last Updated:

  • Address: 20540 Independence Blvd, Groveland, FL 34736

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