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33116 Radio Rd
Leesburg, FL 34788
North Lake County Residential Land · Land For Sale
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45.60 AC
INVESTMENT HIGHLIGHTS
- 45 ± Acres (38 ± acres uplands)
- 55' Easement Adjoins Lake Square Mall with direct access
- All utilities (city of Leesburg water/sewer, power, cable/phone) are at Radio Road with capacity (currently) for 150-200 lot development
- SFR / Townhome/ MF Development Parcel
- 100' Easement to Radio Road
- Annexation into the City of Leesburg required
EXECUTIVE SUMMARY
Price per Acre $67,982
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $4,269,661 CAD | Lot Size | 45.60 AC |
| Price Per AC | $93,632.92 CAD |
| Price | $4,269,661 CAD |
| Price Per AC | $93,632.92 CAD |
| Lot Size | 45.60 AC |
DESCRIPTION
North Lake County Residential Development Property is a 45-acre residential development property, located just off US Hwy 441 in Leesburg and adjoining Lake Square Mall in Leesburg. All utilities (via city of Leesburg) are available and located on Radio Road, with current capacity for SFR development. Highest development densities would result from annexation into the City of Leesburg, which likely could yield a SFR Development of 4-5.5du /acre gross density for a total of 140-200 SFR lots with a mix of lot widths 50'/60'/70', all negotiable with the city of Leesburg. The property features a 55' dedicated easement adjoining and to the mall, and a 100' easement to Radio Road. Previous developer site plan shows 144 units (56 60' lots, 56 50' lots, and 32 townhomes), All developer DD docs are available including engineering, environmental, surveys, site plan, etc. Utilizing the additional 17 acre (5.3 ac uplands) adjoining property would add approximately 18 SFR units and can be also utilized for access from Radio Rd to the remaining properties. Estimated totals with this additional property would be 162 SFR Lots, 32 and Townhome lots. All developer engineering and DD docs available.
