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911 Fl-48 56 Acres of Commercial Land Offered at $4,500,000 in Groveland, FL 34736
INVESTMENT HIGHLIGHTS
- Surrounded by The Villages Expansion Areas.
- At County Road 48, South of Hwy 470.
EXECUTIVE SUMMARY
56+ acres adjoining The Villages expansion area by 3 property boundaries. Property is adjoined on 3 property boundaries by THE VILLAGES expansion areas. The Villages is in current cycle for entitlements with City of Leesburg for 4,200 acres expansion under the name “Secret Promise” for adjoining property. Subject property is convenient to Florida Turnpike & I-75, off CR 48 just south of HWY 470 & north of Austin Merritt Rd. Property currently AG, however, City of Leesburg has utilities nearby & open to annexation/entitlements for future development. Includes Lake County Property Appraiser Alt Keys: 1701333, 3794012.
PROPERTY FACTS
| Price | $4,500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 56.00 AC |
| Property Type | Land | ||
| Zoning | AG | ||
| Price | $4,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 56.00 AC |
| Zoning | AG |
1 LOT AVAILABLE
Lot
| Price | $4,500,000 | Lot Size | 56.00 AC |
| Price Per AC | $80,357.14 |
| Price | $4,500,000 |
| Price Per AC | $80,357.14 |
| Lot Size | 56.00 AC |
56+ acres adjoining The Villages expansion area by 3 property boundaries.
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911 Fl-48
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