Active

$7,500,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRG5115709
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
PREMIER COMMERCIAL & RETAIL DEVELOPMENT OPPORTUNITY –Appraised value 7,500,000.- E COUNTY ROAD 44 & ORANGE AVENUE Positioned along the highly visible E County Road 44 and Orange Avenue corridor, this commercial development opportunity offers a strategic location in the rapidly growing Eustis/Mount Dora market. Approximately 11.5± acres of the larger 17.55± acre parent parcel are being offered at $3,840,000, providing developers, investors, retailers, and owner-users the opportunity to secure a well-positioned commercial site in one of Lake County’s active growth corridors. The property is being offered individual purchase opportunity. Adjacent to 3 parcels 1.5± acres at $1,200,000; 2.0± acres at $1,680,000, featuring a desirable corner location; and 2.0± acres at $780,000. Each tract may be purchased individually, allowing buyers the flexibility to select the site that best accommodates their development plans and investment objectives. With prominent frontage along E County Road 44 and Orange Avenue, the available tracts offer excellent visibility and strong potential for retail and commercial development. The 2.0± acre corner tract is particularly well positioned for a high-visibility retail user seeking a prominent presence along this growing corridor. Zoned MCR, the property provides potential for a variety of commercial and retail uses, subject to applicable county approvals. Its location offers convenient access to major transportation routes while benefiting from the continued residential and commercial expansion occurring throughout the Eustis/Mount Dora area. Whether for retail development, commercial investment, or an owner-user location, these tracts offer a compelling opportunity to establish a presence along a growing Lake County commercial corridor. Three individual purchase options, strong road frontage, excellent visibility, flexible acreage, and a prime corner opportunity make this a property positioned for future growth.
Financial Considerations
Price:
$7,500,000
HOA Fee:
N/A
Tax Amount:
$20885
Price per SqFt:
$9.81
Tax Legal Description:
BEG 659.89 FT S OF NE COR OF SEC 7-19-27 RUN S 231 FT S 45-00-00 W 599.79 FT TO S BOUNDARY OF NE 1/4 OF NE 1/4 OF SEC 7 THENCE W 345.41 FT S 110 FT W 17.32 FT S 222 FT W 317.68 FT S 212 FT TO N BOUNDARY OF SR 44 W ALONG N BOUNDARY OF SAID HWY 2130.50 FT TO POINT INTERSECTING E BOUNDARY OF R/W OF SR 44-A THENCE N ALONG HWY 593.18 FT S 89-36-00 E 967.16 FT N 87-04-20 E 263.26 FT N 89-41-00 E 700.95 FT TO W LINE OF NE 1/4 OF NE 1/4 OF SEC 7 N 85.10 FT N 68-54-10 E 1414.75 FT TO POB--LESS FROM NE CO R OF NE 1/4 OF SEC 7-19-27 RUN S ALONG E LINE OF NE 1/4 A DIST OF 659.89 FT FOR POB CONT S ALONG E LINE OF NE 1/4 A DIST OF 230.58 FT S 45-00-00 W 600.76 FT TO S LINE OF NE 1/4 OF NE 1/4 N 89-21-20 W ALONG S LINE OF NE 1/4 OF NE 1/4 A DIST OF 15.41
Exterior Features
Lot Size:
764512
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    E COUNTY ROAD 44
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