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Hwy 27 S. at SR 48
Okahumpka, FL 34762
Hwy 27 S at SR 48 – Leesburg 43 AC · Land For Sale · 43.00 AC

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INVESTMENT HIGHLIGHTS

  • 900 ± FT Frontage on Hwy 27
  • High Traffic market area
  • 665 ± FT Frontage on SR 48

EXECUTIVE SUMMARY

43 acre Development Parcel - Residential, Retail, Mixed Use

PROPERTY FACTS Under Contract

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Multifamily
  • Single Family Development
Total Lot Size 43.00 AC
Zoning C-3, M-1, R-3 - The R-3 district is designed to accommodate single-family detached dwellings on individual lots and C-3 district allows for a variety of commercial us

1 LOT AVAILABLE

Lot

Price $11,018,480 CAD
Price Per AC $256,243.73 CAD
Lot Size 43.00 AC

43+/- Acre Development Parcel in Leesburg located adjoining Winn Dixie Shopping Center. Price Per Acre $186,047

DESCRIPTION

Located directly on Hwy 27 and SR 48, this property adjoins Lake Harris Square shopping center (Winn Dixie as the anchor tenant), the property wraps the center, with 900 +/- ft of road frontage on Hwy 27, and 665 +/- fronting SR 48 and a daily traffic count of 29,500. The existing shopping center entrance provides additional legal access to the property on SR48. The Market Area includes businesses such as Publix, Walgreens, Dollar General Lowes, and Home Depot among other major retailers with the highest and best use being Retail, Office, Residential and Multifamily. Utilities are at the site; Leesburg provides water and sewer. Existing zoning is mixed so rezoning the property will be required. he city wants retail out-parcels on SR27.

  • Listing ID: 17927688

  • Date on Market: 2019-12-10

  • Last Updated:

  • Address: Hwy 27 S. at SR 48, Okahumpka, FL 34762

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