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8834 County Road 48 Rd - CR-48 and Guava Street Development Land 12.4 Acres of Industrial Land Offered at $900,000 in Yalaha, FL 34797
Investment Highlights
- 12.4± acre site with extensive frontage on County Road 48 and Guava Street.
- Positioned near Howey-in-the-Hills and Leesburg within a growth-focused corridor.
- Area benefiting from active residential development and strong demand dynamics.
- Industrial zoning with a designated Rural Transition Future Land Use.
- Accessible location with approximately 1,860 FT of combined road frontage.
Executive Summary
Nestled between Howey-in-the-Hills and Leesburg, this site resides within a corridor experiencing significant residential expansion, supported by multiple new single-family communities currently under construction. The property was initially intended for a water and sewer facility to support the Drakes Point subdivision, creating inherent utility advantages for future use.
Excellent accessibility is provided via County Road 48, offering connectivity to major regional routes and nearby employment hubs, while surrounding growth accelerates the area’s development potential. This combination of robust frontage, adaptable land use, and proximity to rapidly expanding neighborhoods creates a compelling acquisition for investors seeking to secure a significant land position in Lake County’s growth corridor.
Property Facts Under Contract
| Price | $900,000 | Property Subtype | Industrial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 12.40 AC |
| Property Type | Land | ||
| Zoning | Industrial - Industrial | ||
| Price | $900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | |
| Total Lot Size | 12.40 AC |
| Zoning | Industrial - Industrial |
1 Lot Available
Lot
| Price | $900,000 | Lot Size | 12.40 AC |
| Price Per AC | $72,580.65 |
| Price | $900,000 |
| Price Per AC | $72,580.65 |
| Lot Size | 12.40 AC |
This 12.4± acre development opportunity in Yalaha, Florida offers a strategic location along County Road 48 with additional frontage on Guava Street.
Description
This 12.4± acre offering in Yalaha, Florida presents a well-located opportunity along County Road 48 with additional frontage on Guava Street. Originally planned for a water and sewer facility to serve the Drakes Point subdivision, the parcels are now available for alternative uses. The property is currently zoned Industrial with a Future Land Use designation of Rural Transition, offering flexibility for a range of potential development scenarios, subject to Lake County approval. Positioned between Howey-in-the-Hills and Leesburg, this corridor is experiencing steady residential growth, with several new single-family communities under construction nearby. The combination of road frontage, zoning, and location within a rapidly expanding area makes this site a compelling prospect for buyers seeking to capitalize on continued growth in Lake County.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $539,946 | Total Assessment | $539,946 |
Property Taxes
Presented by
8834 County Road 48 Rd - CR-48 and Guava Street Development Land
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