0 Highway 70Arcadia, FL 34266

  • Industrial properties
  • 30.00 AC
For Sale
$1,350,000 View listing

Property Details for 0 Highway 70

Lot size
30.00 AC
Property type
Industrial properties
Property subtype
Other land

Description

This exceptional 30-acre property, located in Arcadia, Florida, presents a compelling investment opportunity. Situated on SE Hwy 70, it boasts 1,320 feet of highway frontage and is only 2.5 miles from Arcadia's town center. Currently zoned A-5 (one dwelling per five acres) with a "Rural" future land use designation, the property offers significant potential for rezoning to accommodate industrial development, aligning with DeSoto County's comprehensive plan. Its strategic location provides convenient access to major roadways and the west coast, placing Punta Gorda, Port Charlotte, Fort Myers, and Naples within a 40-minute radius. Nearby amenities include Publix, Walmart, Culvers, and a Ford dealership. The property's value is further enhanced by the availability of sewer on-site and water access just two miles away on Hwy 70. DeSoto County's ongoing three-phase water infrastructure expansion promises to increase future development value. This presents a strong 5- to 8-year investment hold prospect. Note that an additional 109 acres are available for purchase at a discounted price. The APN is A 30 acre portion of 02-38-25-0000-0140-0000. The asking price is $1,350,000, representing a price per acre of $45,000.

Highway 70, Arcadia, Florida

Location Insight

City
Arcadia
County
DeSoto
State
Florida
Latitude
27.209
Longitude
-81.8318

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