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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
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 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 2 | Total Lot Size | 45.32 AC |
| Property Type | Land | Cross Streets | Barclay |
| Zoning | commercial - Commercial | ||
| Price | $4,000,000 - $12,000,000 |
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 45.32 AC |
| Cross Streets | Barclay |
| Zoning | commercial - Commercial |
2 Lots Available
Lot
| Price | $8,000,000 | Lot Size | 35.00 AC |
| Price Per AC | $228,571.43 |
| 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 | Lot Size | 10.32 AC |
| Price Per AC | $387,596.90 |
| 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.
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Elgin - 45.1 AC Fronting Elgin & Barclay
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