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12350 Florida 33 9.33 Acres of Commercial Land Offered at $2,769,820 CAD in Groveland, FL 34736
INVESTMENT HIGHLIGHTS
- 9.29-acre commercial property on State Road 33 with prime visibility and easy access, located in rapidly growing Lake County.
- Ample parking with 30+ spaces, RV access, and accessibility features including visitor bathroom and wide entrances.
- 2,346 sq. ft. building with block, stone, and stucco construction, central A/C, heat pump, and screened porch.
- Development-ready parcel ideal for hospitality, event venue, or mixed-use projects to leverage Central Florida growth.
- Income-producing site featuring the Red Wing Restaurant, a local landmark with indoor dining and screened banquet space.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $2,769,820 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 9.33 AC |
| Property Type | Land | ||
| Zoning | PD - Planned Development | ||
| Price | $2,769,820 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 9.33 AC |
| Zoning | PD - Planned Development |
1 LOT AVAILABLE
Lot 3
| Price | $2,769,820 CAD | Lot Size | 9.33 AC |
| Price Per AC | $296,872.45 CAD |
| Price | $2,769,820 CAD |
| Price Per AC | $296,872.45 CAD |
| Lot Size | 9.33 AC |
Commercial zoning with well water, septic system, and 2024 taxes of approx. $4,746—flexible for future expansion.
DESCRIPTION
Nine+ Acres of Prime Commercial Land with Income-Producing Restaurant. This offering combines a rare large corner parcel in Groveland with an established business already in place. Located on State Road 33, just minutes from major Central Florida growth corridors, this 9+ acre property provides a unique opportunity for investors and developers seeking land with built-in income potential. The site currently operates as the Red Wing Restaurant, a well-known local landmark. The building features indoor seating plus an outdoor screened banquet enclosure, supporting private parties and group events. The restaurant delivers ongoing cash flow and immediate use, yet its actual value is in the property's scale and versatility.
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12350 Florida 33
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