Located on Skyline Drive in Umatilla, Florida, this 4.72-acre parcel presents a rare opportunity for forward-thinking developers and investors. Currently zoned residential, the property benefits from a future land use designation of INDUSTRIAL, making it ideal for long-term COMMERCIAL development. While the land remains in unincorporated Lake County, the City of Umatilla has expressed strong support for annexation and has verbally endorsed the concept of a self-storage facility on the site. The property offers excellent road frontage and is easily accessible from CR 452 and SR 19, placing it within a growing area that is seeing increased demand for industrial and flex space. Its strategic location and city-backed development potential make it well-suited for a range of uses, including self-storage, light industrial, or service-based operations. With nearly five acres of usable land and municipal leaders aligned with future development goals, this site offers both immediate value and long-term upside.
Financial Considerations
Price:
$349,999
HOA Fee:
N/A
Tax Amount:
$863.66
Price per SqFt:
$1.7
Tax Legal Description:
N 1/2 OF NW 1/4 OF SW 1/4 OF NE 1/4 BEG NW COR OF NE 1/4 OF SW 1/4 OF NE 1/4 RUN N 88DEG 10MIN 20SEC E 61.8 FT S 03DEG 32MIN 25SEC E 331.47 FT W TO W LINE OF NE 1/4 OF SW 1/4 OF NE 1/4 N 02DEG 18MIN 32SEC E ALONG SAID W LINE TO POB--LESS SKYLINE DR-- ORB 6054 PG 818