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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



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.
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
1 LOT AVAILABLE
Lot
| Price | $3,322,800 CAD | Lot Size | 5.02 AC |
| Price Per AC | $661,912.36 CAD |
| Price | $3,322,800 CAD |
| Price Per AC | $661,912.36 CAD |
| Lot Size | 5.02 AC |
Partially-wooded 5-acre assemblage
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $2,810,756 CAD | |
| Land Assessment | $2,674,217 CAD | Annual Taxes | $38,474 CAD |
| Improvements Assessment | $0 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,674,217 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,810,756 CAD
Annual Taxes
$38,474 CAD
Tax Year
2024
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2695 W Lake Mary Blvd - 5 Acre Development Opportunity
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