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Elgin - 45.1 AC Fronting Elgin & Barclay 10.32 - 35 Acre Commercial Land Lots Offered at $5,529,400 - $11,058,800 CAD Per Lot in Spring Hill, FL 34609
Investment Highlights
- Extensive road frontage
- Close to airport
- Surrounded by schools and subdivisions
Executive Summary
45.1 AC site recently zoned for 120 townhomes, 312 apartments, 10.32 ac retail among 6 outparcels . All utilities to the site with available capacity. Fronts 1306 feet along 4 lane Elgin Blvd and 822 ft along Barclay (scheduled for 4 laning). The adjoining 25 acres is under construction for 325 multifamily units. Close proxmity to two public schools. Surrounded by dense residential developoment.
Property Facts Under Contract
2 Lots Available
Lot
| Price | $11,058,800 CAD | Lot Size | 35.00 AC |
| Price Per AC | $315,965.71 CAD |
| Price | $11,058,800 CAD |
| Price Per AC | $315,965.71 CAD |
| Lot Size | 35.00 AC |
Level with road grade fronting 1306 ft along Elgin Blvd and 822 ft along Barclay Road. All utilities are available on the site. Well-drained Candler fine sand soils, ideal construction conditions.
Lot
| Price | $5,529,400 CAD | Lot Size | 10.32 AC |
| Price Per AC | $535,794.56 CAD |
| Price | $5,529,400 CAD |
| Price Per AC | $535,794.56 CAD |
| Lot Size | 10.32 AC |
Description
46.4 AC site for townhomes, apartments, retail, fronting Elgin Blvd & Barclay Rd. All utilities to site. Barclay to be 4 laned starting 2022. Surrounded by Sterling Hills, Silverthorn and Pristine Place and 2 public schools. Entire site currently zoned commercial. Seller will cooperate with needed residential zoning.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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Elgin - 45.1 AC Fronting Elgin & Barclay
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