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For Sale

US Hwy 27 S Development Land – 57 Acres

$4,000,000

Leesburg, Florida

57.72 Acres

PROPERTY DETAILS

Property Type: Commercial, Commercial Development, Land Investment, Multi-Family, Residential Development

Location: US Highway 27 S, Leesburg, Florida 34748

County: Lake

Price Per Acre: $69,300

PIN: 012124000400001000, 062125000300000400

Zoning: FLU: Urban low


This property consists of 57 ± acres of high and dry land optimally designed and located for residential, multi-family, or commercial 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 multiple road frontages (US Highway 27 and Bridges Rd).

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 residential or commercial development
192 net estimated units
84% uplands
Density: 8 DU/Ac
26,500 cars per day via US Highway 27
Water and sewer available - City of Leesburg

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