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US Hwy 441 - 13.54+/- Acres Potential 25 Units per acre 11.54 Acres of Residential Land Offered at $6,176,946 CAD in Tavares, FL 32778

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INVESTMENT HIGHLIGHTS

  • 11.54+/- Acres at Signalized Corner US Hwy 441 & David Walker Rd
  • Potential for 25 Units per acre Multi Family
  • Inside the City of Tavares - Zoned PD & PCD
  • US Hwy 441 FDOT Avg trip per Day 50,500

EXECUTIVE SUMMARY

Offering is for 11.54+/- Acres at the signalized intersection of US Hwy 441 & David Walker Rd, in Tavares. Zoned PD & PCD with a potential for 25 Multi-Family units per acre. Property wraps around Crown Lake. Located on one of the busiest retail, commercial, hospitality corridors in the Tavares - Eustis area with over 50,000 FDOT avg trips per day. Just a five minute drive to AdventHealth Waterman Hospital and less than 45 minutes to Orlando or The Villages. Site is an assemblage of two parcels Lake County Alt Key's # 1588651 and a portion of 3808894. Seller has previously engineered site plans available for mixed use development. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.

PROPERTY FACTS

Price $6,176,946 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
Total Lot Size 11.54 AC
Cross Streets David Walker Rd
Zoning PD & PCD - Planned Commercial Development

1 LOT AVAILABLE

Lot

Price $6,176,946 CAD
Price Per AC $535,263.97 CAD
Lot Size 11.54 AC

Offering is for 11.54 +/- Acres at the signalized intersection of US Hwy 441 & David Walker Rd, in the City of Tavares with potential for Multi-Family - 25 Units per acre Multi-Family, currently zoned PD & PCD. Site is an assemblage of 2 parcels

  • Listing ID: 26905355

  • Date on Market: 2022-10-21

  • Last Updated:

  • Address: US Hwy 441, Tavares, FL 32778

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