For Sale
$1,500,000

3601 County Road 48Okahumpka, FL 34762

1.6-Acre Commercial Land, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
114
This 1.6-acre commercial lot in Okahumpka, Florida, presents a unique investment opportunity. Located at the hard corner intersection of County Road 48, this property benefits from high visibility and convenient access. Zoned CP - FLU - Urban Medium R6, it's ideally situated between the Florida Turnpike (2.75 miles west) and Highway 27 (1 mile east), placing it within a rapidly developing corridor of Lake County. The area boasts significant growth, with major grocery stores, fast-food restaurants, and mixed-use plazas already established nearby. Water and sewer are readily available at the intersection. A Phase 1 environmental site assessment and survey were completed in April 2022. The property's strategic location, coupled with its proximity to The Villages and the planned incorporation into the City of Leesburg, makes it an exceptional prospect for commercial development. The asking price is $1,500,000, representing a price per acre of $937,500. The APN is 15-20-24-0001-000-05900. This lighted intersection offers excellent visibility and accessibility, making it an attractive location for a variety of commercial ventures.

Highlights

  • Water and sewer available.
  • Phase I environmental and survey completed April 2022.
  • High-visibility hard corner lot at a lighted intersection.
  • 2.75 miles to the Florida Turnpike.
  • One mile to Hwy 27, major grocery stores, fast food, and gas stations.

Property Details for 3601 County Road 48

Property type
Retail properties, Land
Lot Size (sq. ft)
69,696 SF

Location Insight

City
Okahumpka
County
Lake
State
Florida
Latitude
28.747726692998
Longitude
-81.894202787084
3601 County Road 48, Okahumpka, Florida

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3601 County Road 48
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