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 |
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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