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Property Type: Commercial Development, Land Investment
Location: 27700 US Highway 27, Leesburg, Florida 34748
Located on US Hwy 27 north of CR 48, these subject properties run along the Palatlakaha River in Leesburg, FL. Situated across from Publix, in a small commercial node, are two parcels which can be sold separately or together: a 2.76 acre parcel priced at $575,000 and a 1.21 acre parcel priced at $250,000, for a combined available acreage of 3.97 acres for $825,000.
The smaller parcel is 0.648 acres, excluding the wetland setback area per a local engineering firm. The allowable impervious by permit is 0.518 acres which include the frontage road and associated sidewalk. The larger parcel is 1.363 acres with a permitted impervious area of 1.090 acres. Please also note that the developable are for this lot is 1.205 acres due to the lift station and the 20-foot wide utility easement located between this tract and the bank tract. The frontage road and associated sidewalk have already been constructed for this site which is 0.168 acres, again per a local engineer. We also understand that the existing retention pond in place has already been sized for the development of each of the same two parcels.
Description: Property use is vacant commercial
PIN: 142024000100008700, 142024000100000501