Development Site | Tavares, FL | US 441 2 Retail Properties Offered at $875,000 in Multiple Locations

EXECUTIVE SUMMARY

Rare Development Site in Tavares, FL with direct frontage on US Highway 441. Included are two parcels totaling.63 acres. This site has the potential for Office, Medical Office, Retail or Mix-Use developments. With 230 ft of direct frontage on US Highway 441, this site has excellent visibility with 45,000 VPD. Major retailers are in the area such as Walgreens, Home Depot, Lowes, Publix, and Starbucks and there are 49,000 people in a 5-mile radius of the property with annual population growth of 3.2% since 2020. This development site has direct frontage on a major thoroughfare that connects Tavares to Leesburg, two Cities with significant population growth in the income tax fee state of Florida.

PROPERTY FACTS

Price $875,000
Price / SF $307.23 / SF
Sale Conditions
Distress Sale
  • Deferred Maintenance
  • Redevelopment Project
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 2,848 SF
Total Land Area 0.63 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
11203 Us-441 Hwy, Leesburg, FL 34788 Retail 1,728 SF - -
11145 US Highway 441, Tavares, FL 32778 Retail 1,120 SF 1958 -
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  • Listing ID: 33073055

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: Development Site | Tavares, FL | US 441, Leesburg, FL