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CR 106
Oxford, FL 34484
WoodSpring Suites Development Opportunity · Land For Sale · 2.82 AC

Investment Highlights

  • Shovel ready development project for a 122-room WoodSpring Suites
  • Sumter County has one of the lowest tax rates in Florida and some of the most affordable labor, land, water, and electricity in the state.
  • Fully Entitled and Franchise Approved Site Package

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Hospitality
  • Hotel
  • Motel
Total Lot Size 2.82 AC
Zoning CL

Description

• Fully Entitled and Franchise Approved Site Package for 4 Story – 51,945 SF – 122 Room Woodspring Suites Hotel • A&E and Civil Site Plans • Third Party Reports: ALTA NSPS Survey, Geotechnical Report, Phase I ESA, Civil Engineering Site Evaluation Summary Report and Utilities Locate Report • Utility Will Serve Letters: Electric, Gas, Water, Wastewater, and Internet/TV/Phone • Market Analysis and Operating Projections • Construction Bids, Project Pricing, and General Contractor A104 & A201 Agreements by DI Construction, LLC • Construction Administration Services B105 Agreement by Hospitality Architects, LLC • Permits to be ready for issuance Q1 2023 – buyer pays all applicable permit, impact, tap fees, and other development fees

Property Taxes

Property Taxes

Parcel Number
D17-060
Land Assessment
$611,940
Improvements Assessment
$49,730
Total Assessment
$661,670
  • Listing ID: 27271846

  • Date on Market: 12/8/2022

  • Last Updated:

  • Address: CR 106, Oxford, FL 34484

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