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5.89 Acres Highway Commercial

United States /Florida, 18221 US Highway 441, 32726, 5.89

Listing ID :

48010097

Acres :

5.89 Acres
$3,500,000

View Agent's Properties and Profile:

Benjamin Crosby

Contact Seller

Property Description

On six laned Hwy. 441 - 40,000 cars per day. Many features enhance the value on this property:Floor Area Ratio of 2.0; building height of up to 50 feet is allowed; the frontage road in place - left in/left out right in/right out; median; city utilities; and Eustis hungry for quality development. The new entrance to beltway encircling the Orlando MSA is 5 miles away. Estimated Acres: 5.89 acres on Highway 441. Located in the City of Eustis, these parcels are adjacent to the Mount Dora marketplace and are 1/4 mile to PUBLIX, LOWES, KEY Foods, Starbucks and many more retail shops. Over 40,000 cars per day pass in front on this property which has a frontage road in place and utilities at the site. A preliminary plat to divide the property into three parcels has been presented to the city and is in process. PROPERTY HIGHLIGHTS: 40,000 cars per day Frontage road in place City Utilities at the site Conceptual plans available Approved as a hotel site Approved as a retail site Approved as an office site Approved as a multi-family development site

Basic Details

Property Types:

Acreage, Commercial Acreage

Listing Type:

For Sale

Listing ID:

48010097

Price:

$3,500,000

Acres:

5.89 Acres

Features:

Hwy-County Rd Frontage

Address Map

Country:

United States

State:

Florida

County:

Lake

City:

Eustis

Latitude:

28.8246125

Longitude:

-81.6550899

Street Address:

18221 US Highway 441