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For Sale

US Hwy 27 S Development Land – 43 Acres

$4,700,000

Leesburg, Florida

43.40 ± AC

PROPERTY DETAILS

Property Type: Commercial, Commercial Development, Multifamily, Residential Development

Location: US Highway 27 S, Leesburg, Florida 34748

Frontage: 2586

County: Lake

Price Per Acre: $102,295

PIN: 012124000100000100

Zoning: FLU: Urban Low/Regional Office


This property consists of 43 ± acres of high and dry land optimally designed and located for residential or multi-family development. There are multiple retirements communities both to the south and north of the property. The property benefits from strong amounts of visibility and exposure given by the 2,586 ± FT of frontage on US Highway 27.

The property is located just north of the Florida Turnpike Entrance (northbound entrance), and 2 miles West of the Southbound Turnpike Entrance (to Orlando), in an area of substantial existing retirement communities, and new home communities serving the Orlando Metro Area.

Description: Great opportunity for single-family or multi-family development
Water and sewer - City of Leesburg
84 % uplands
278 estimated net residential units
Density: 8 DU/Ac
26,500 cars per day via US Highway 27

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