Groveland, FL 34736

$2,300,000
5,787
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,300,000
Status
Active
Days on Market
40
MLS#
G5113908
Property Style
Mixed Use
Year Built
2007
Living Area
5,787
Lot Size
88,378
Acres
3.08
Total Acreage
2 to less than 5
MLS Area Major
Groveland

Property Description

Income-producing commercial property with an established long-term tenant already in place, plus a vacant industrial lot located at the rear of the property. Situated on 3+ acres with valuable frontage along busy Hwy 27 N, this unique offering provides immediate cash flow with outstanding future upside potential. Endless possibilities for investors, developers, or owner-users, continue collecting income while land banking for future growth, expand the existing use, or utilize the rear industrial acreage for contractor-based businesses such as HVAC, plumbing, electrical, landscaping, storage, service yards, and more. Excellent visibility, strong traffic exposure, and flexible potential make this a rare opportunity in a rapidly growing corridor. Public water, well for sprinklers.

Additional Information

Taxes Annual
$11978
Community Features
No Deed Restriction
Property Description
One Story
Zoning
C / INDUS
Utilities
Electricity Available, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
20-21-25-1200-000-00201
Legal Description
LAKE COUNTY CENTRAL PARK PHASE 1 SUB THAT PART OF LOT 2 DESCRIBED AS FOLLOWS: BEG AT NE'LY COR OF LOT 2 RUN S 01-05-30 W 360.90 FT N 76-06-55 W PARALLEL WITH SW'LY R/W LINE OF US HWY 27 A DIST OF 282.77 FT S 44-58-51 W 80.47 FT N 32-52-37 W 32.69 FT N 44-58-51 E 129.67 FT N 14-36-41 E 288.85 FT TO SW'LY R/W LINE OF US HWY 27 S 76-06-55 E 196.11 FT TO POB PB 35 PGS 1-5 ORB 5311 PG 171

Listing courtesy of COLDWELL BANKER HUBBARD HANSEN. 352-394-4031

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on