Address
State Road 19, GROVELAND, FL
Price
$ 5,899,000
Property Attributes
  • MLS#G5070079
  • TypeLand
  • CountyLAKE
  • CityGROVELAND
  • AreaGroveland
  • NeighborhoodAcreage & Unrec
  • Zip34736
  • Style
  • Taxes$ 2660
  • Price$ 5,899,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size58.3 Acres
Data Source:
Stellar MLS
Property Description

Great future commercial retail spot! 58.3 acres of vacant land at the corner of Highway 19 and Cherry Lake Road. Turn lanes are expected to be in soon for Cherry Lake Road and a traffic light is in the future. This property is located on the West side of Highway 19 running south. This area is close to many new developments such as the Groveland Square Master Plan which is a 117 acre master planned development, Hillside Groves, which is slated for approximately 700 homes and multi family properties and Mission Rise, another potential residential project consisting of 237 acres. All these developments increase the area’s need for restaurants, banks, a grocery store, drug store or personal services. Groveland has deemed Highway 19 a "Commercial Corridor" so calling all retail and food establishments! There are 5 total parcels being sold together that total the 58.3 acres, with approximately 20 acres high and dry. One lot currently has a home on it with a tenant so PLEASE DO NOT DRIVE ONTO OR ENTER PROPERTY WITHOUT PRIOR APPROVAL.

Price History
6/18/2023 Listed $5,899,000

General Features

Sewer Public Sewer
Utilities Electricity Available,Public,Sewer Available,Water Available
Zoning AG
Tax Year 2022
Current Use Unimproved
Percent Ownership Fee Simple
County Lake
Property Type Land
Subdivision Name ACREAGE & UNREC
Facing Direction East
Other Structures Other
Status Active
Directions From Groveland,take Highway 19 North to where Cherry Lake Rd intersects. Property is on the west side starting at Inspiration Lane and going SOUTH.
City GROVELAND
Buyer Agent Compensation 2.5%
MLS Area 34736 - Groveland
Lot Size Square Feet 2539548
Waterfront Y/N No
Street Name State Road 19
Listing Terms Cash,Conventional
Tax Annual Amount 2660.94
Public Remarks Great future commercial retail spot! 58.3 acres of vacant land at the corner of Highway 19 and Cherry Lake Road. Turn lanes are expected to be in soon for Cherry Lake Road and a traffic light is in
Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5070079
Days on Market 216
Standard Status Active
Tax Lot 01800
Legal Description E 500 FT OF SE 1/4--LESS S 2450 FT-- ORB 4712 PG 1226

Interior Features

Living Area Units Square Feet

Exterior Features

Lot Features Buildable,City Lot,In County,Irregular Lot
Water Source Public
Lot Size Area 58.3
Lot Dimensions irreg
Lot Size Acres 58.3
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type Street Paved,Main Throrughfare,State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 34736

Price
AVG $650K
$5.9M
Taxes
AVG $1,382
$2,660
Visits
AVG 337
1604
Data Provided by Inside Real Estate®

Areas We Cover