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17108 W Colonial Dr
Oakland, FL 34787
Land For Sale
·
2.50 AC


INVESTMENT HIGHLIGHTS
- It is also only 1 mile east of the Lake County line, further increasing its appeal in a rapidly growing area.
- 885± feet of frontage along West Colonial Drive (SR 50), a major thoroughfare with high visibility and a traffic count of 56,500 AADT.
- Excellent investment opportunity in a high growth area
- The area also boasts an average household income ranging from $95,297 to $136,559, which suggests a high purchasing power.
- 1± mile east of the new Clermont Costco location on SR 50, less than 1/4 mile from the Florida Turnpike
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 2 | Proposed Use | Retail |
| Property Type | Land | Total Lot Size | 2.50 AC |
| Zoning | C-1 - General Commercial | ||
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 2.50 AC |
| Zoning | C-1 - General Commercial |
2 LOTS AVAILABLE
Lot 1
| Price | $1,711,242 CAD | Lot Size | 1.30 AC |
| Price Per AC | $1,316,340.03 CAD |
| Price | $1,711,242 CAD |
| Price Per AC | $1,316,340.03 CAD |
| Lot Size | 1.30 AC |
Excellent investment opportunity in a high growth area.
Lot 2
| Price | $1,592,175 CAD | Lot Size | 1.20 AC |
| Price Per AC | $1,326,812.53 CAD |
| Price | $1,592,175 CAD |
| Price Per AC | $1,326,812.53 CAD |
| Lot Size | 1.20 AC |
Excellent investment opportunity in a high growth area.
DESCRIPTION
This prime commercial property is located at 17108 West Colonial Drive in Oakland, Florida, just off State Road 50 (West Colonial Drive). Boasting approximately 885 feet of frontage along this major thoroughfare, the site benefits from high visibility and a high traffic count of 56,500 AADT, making it an ideal location for retail, office, or other commercial uses. The property is positioned just 1 mile east of the new Clermont Costco, offering tremendous proximity to a high-demand retail area. Additionally, the site is situated less than 1/4 mile from the Florida Turnpike, providing quick access to major highways, and is only 1 mile east of the Lake County line, further enhancing its appeal to businesses targeting the growing suburban market.
