Us Highway 27, Leesburg, FL 34748
- $4,999,900
- List Price
- $4,999,900
- Status
- Active
- Days on Market
- 26
- MLS#
- G5114761
- Lot Size
- 443,870
- Acres
- 10
- Total Acreage
- 10 to less than 20
- MLS Area Major
- Leesburg
Property Description
Prime development opportunity on 10± acres with an estimated 6± acres of usable development area on US Highway 27 in Leesburg, Florida. The property has preliminary approval for a 130,200 SF self-storage facility consisting of 571 units, offering a significant head start in the development process. Included in the sale are approximately $250,000 worth of engineering, architectural, and development plans, providing substantial time and cost savings for the next owner. A qualified contractor is available to complete the project for $10,500,000. This undeveloped, commercially zoned parcel features approximately 400 feet of frontage on US Highway 27, providing outstanding visibility and convenient access along one of Central Florida's busiest commercial corridors. With approximately 35,000 vehicles passing the property each day, the site offers exceptional exposure for future development. The surrounding area continues to experience rapid growth, with approximately 20,000 new homes planned or under construction within a 5-mile radius, creating strong demand for commercial services and self-storage. Strategically located just minutes from downtown Leesburg and major transportation routes, the property is surrounded by expanding residential communities, retail centers, and established service businesses. With approximately 6± usable development acres, this site is ideally suited for self-storage, commercial, or other permitted development opportunities, subject to final approvals and permitting. Large, undeveloped tracts with this level of entitlement progress and highway exposure are becoming increasingly rare in the area. READY TO START CONSTRUCTION.
Additional Information
- Taxes
- $5749
- Community Features
- No Deed Restriction
- Zoning
- CFD
- Utilities
- Public
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 25-20-24-0002-000-03100
- Legal Description
- FROM SW COR OF E 660 FT OF S 284 FT OF N 550 FT OF E 1/2 OF NE 1/4 OF NW 1/4 RUN E'LY PARALLEL WITH N LINE OF SEC TO A POINT THAT IS 600 FT W OF W'LY R/W LINE OF US HWY 27 SE'LY PARALLEL WITH W'LY R/W LINE TO A POINT THAT IS 300 FT N OF S LINE OF NE 1/4 OF NW 1/4 E TO A POINT ON A LINE THAT IS 500 FT W OF & PARALLEL WITH W'LY R/W LINE SE'LY ALONG SAID PARALLEL LINE TO S LINE OF NE 1/4 OF NW 1/4 CONT SE'LY ALONG SAID PARALLEL LINE TO A POINT THAT IS 300 FT S OF S LINE OF NE 1/4 OF NW 1/4 W TO A P OINT ON A LINE THAT IS 600 FT W OF & PARALLEL TO SAID W'LY LINE OF US HWY 27 SE'LY ALONG SAID PARALLEL LINE 218.18 FT FOR POB CONT S 10-35-0 E ALONG SAID PARALLEL LINE 818.78 FT TO S LINE OF N 1/2 OF SEC N 89-59-21 E 600.07 FT TO W'LY R/W LINE OF US
Listing courtesy of U.S. LAND & DEVELOPMENT LLC. 352-901-0107
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