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2695 W Lake Mary Blvd - 5 Acre Development Opportunity 5.02 Acres of Commercial Land Offered at $3,322,800 CAD in Lake Mary, FL 32746

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INVESTMENT HIGHLIGHTS

  • Medical/Professional Office Development Opportunity
  • Strong demographics
  • Located in the heart of Lake Mary close to I-4, Rinehart Rd and downtown

EXECUTIVE SUMMARY

This prime development site is approximately 5 acres with 330 feet of frontage on W Lake Mary Boulevard and a depth of 670 feet.
Front parcel (16-20-30-300-020B-0000) is 4.11 acres and is Zoned City of Lake Mary PO (Professional Office) with future land use RCOM (Restricted Commercial).
Rear parcel (16-20-30-300-020C-0000) is .91 acres and is zoned A-1 (Agricultural) with future land use LMDR (Low/Medium Density Residential).
FDOT AADT 20,500 (2024).
Owner is a licensed real estate broker in the state of Florida.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER AC (CAD)
Taxes $38,474 $7,664.12
Operating Expenses - -
Total Expenses $38,474 $7,664.12

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes (CAD)
Annual $38,474
Annual Per AC $7,664.12
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $38,474
Annual Per AC $7,664.12

PROPERTY FACTS

Price $3,322,800 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Agribusiness
Total Lot Size 5.02 AC
Zoning City of Lake Mary PO/A-1 - Professional Office / Agricultural

1 LOT AVAILABLE

Lot

Price $3,322,800 CAD
Price Per AC $661,912.36 CAD
Lot Size 5.02 AC

Partially-wooded 5-acre assemblage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-20-30-300-020B-0000
  • 16-20-30-300-020C-0000
Land Assessment
$2,674,217 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,810,756 CAD
Annual Taxes
$38,474 CAD
Tax Year
2024
  • Listing ID: 31418655

  • Date on Market: 2024-04-04

  • Last Updated:

  • Address: 2695 W Lake Mary Blvd, Lake Mary, FL 32746

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