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W Broad St - Hwy 50 Commercial Land - 1 Acre Groveland, FL 1 Acre of Commercial Land Offered at $899,340 CAD in Groveland, FL 34736



Investment Highlights
- 1 ± acre Retail/Office outparcel
- Traffic count: 29,500 AADT
- Located Adjoining: Dollar Tree, Ace Hardware, O’Reilly Auto Parts, and 7-11
- 166.77 ± FT 4-lane SR-50 frontage
- Utilities: Water & Sewer via City of Groveland, Zoning: Town Core (Groveland)
- Located in Lake County / I-4 corridor growth submarket (Groveland, Clermont, Minneola)
Property Facts
| Price | $899,340 CAD | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Property Type | Land | ||
| Zoning | Town Core - Town Core (Groveland) | ||
| Price | $899,340 CAD |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.00 AC |
| Zoning | Town Core - Town Core (Groveland) |
1 Lot Available
Lot
| Price | $899,340 CAD | Lot Size | 1.00 AC |
| Price Per AC | $899,340.00 CAD |
| Price | $899,340 CAD |
| Price Per AC | $899,340.00 CAD |
| Lot Size | 1.00 AC |
Description
1 ± acre Retail-Office outparcel on 4-lane SR-50 with 166.77 ± FT of frontage and an AADT of 29,500 vehicles, located just west of downtown Groveland, adjoining Dollar Tree, O’Reilly Auto Parts, Ace Hardware and 7-11. The property is comprised of four contiguous lots with Town Core zoning (City of Groveland), supporting a range of commercial, retail, office, and mixed-use development paths. Water and Sewer are available (City of Groveland). Ingress/Egress from SR50 (right-in, right-out). Location Description The site is located on State Road 50, Groveland's primary east-west commercial corridor connecting the City to Clermont and the greater Orlando metro to the east, and to the Mascotte and Polk County area to the west. SR 50 is a four-lane divided highway carrying 29,500 vehicles per day past the property, placing it within steady view of regional commuter and local traffic. Groveland sits within the Lake County growth belt along the U.S. 27/SR 50 corridor, one of Central Florida's most active residential and commercial growth areas, bordered by Clermont, Minneola, and Mascotte. The surrounding area has seen substantial rooftop growth over the past decade, supporting demand for commercial and service-based uses along the SR 50 frontage. The property is within a short drive of Downtown Groveland, the Clermont retail corridor, and the broader Lake County commercial base.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $143,884 CAD | Total Assessment | $143,884 CAD |
Property Taxes
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W Broad St - Hwy 50 Commercial Land - 1 Acre Groveland, FL
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