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Elgin - 45.1 AC Fronting Elgin & Barclay 10.32 - 35 Acre Commercial Land Lots Offered at $4,000,000 - $8,000,000 Per Lot in Spring Hill, FL 34609

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INVESTMENT HIGHLIGHTS

  • Extensive road frontage
  • Close to airport
  • Surrounded by schools and subdivisions

EXECUTIVE SUMMARY

45.1 AC site recently zoned for 120 townhomes, 312 apartments, 10.32 ac retail among 6 outparcels . All utilities to the site with available capacity. Fronts 1306 feet along 4 lane Elgin Blvd and 822 ft along Barclay (scheduled for 4 laning). The adjoining 25 acres is under construction for 325 multifamily units. Close proxmity to two public schools. Surrounded by dense residential developoment.

PROPERTY FACTS Under Contract

Price $4,000,000 - $12,000,000
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units - Condo
Total Lot Size 45.32 AC
Cross Streets Barclay
Zoning commercial - Commercial

2 LOTS AVAILABLE

Lot

Price $8,000,000
Price Per AC $228,571.43
Lot Size 35.00 AC

Level with road grade fronting 1306 ft along Elgin Blvd and 822 ft along Barclay Road. All utilities are available on the site. Well-drained Candler fine sand soils, ideal construction conditions.

Lot

Price $4,000,000
Price Per AC $387,596.90
Lot Size 10.32 AC

DESCRIPTION

46.4 AC site for townhomes, apartments, retail, fronting Elgin Blvd & Barclay Rd. All utilities to site. Barclay to be 4 laned starting 2022. Surrounded by Sterling Hills, Silverthorn and Pristine Place and 2 public schools. Entire site currently zoned commercial. Seller will cooperate with needed residential zoning.

  • Listing ID: 24620219

  • Date on Market: 12/7/2021

  • Last Updated:

  • Address: Elgin, Spring Hill, FL 34609

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