5001 Tangelo LnInverness, FL 34453

Property Details for 5001 Tangelo Ln

Property size (Sq ft)

28,734 SF

Property type

Land

Description

This exceptional .66-acre commercial vacant land parcel presents a prime investment opportunity in Inverness, Florida. Strategically located on East Tangelo Lane and US Highway 41, this property boasts significant road frontage, ensuring high visibility and accessibility. The lot size is 28,734 square feet, priced at $4.52 per square foot, totaling $130,000. The property is zoned General Commercial (GNC), allowing for a wide range of commercial uses. A significant advantage is the existing chain link fence, saving on initial development costs. Furthermore, all utilities and impact fees are already paid and available on-site, streamlining the development process. The property has already received approval for auto or RV sales, presenting a clear path for immediate development. With a daily vehicle count of 14,100 on US Hwy 41, this location offers exceptional exposure for any commercial venture. This is a rare opportunity to acquire a ready-to-develop commercial lot in a high-traffic area with all the necessary infrastructure in place. The property's location and zoning make it ideal for a variety of commercial uses, offering significant potential for future growth and return on investment. The APN is 20E19S060010 0015. The address is 5001 E Tangelo Ln, Inverness, FL 34453.

Location Insight

City

Inverness

County

Citrus

State

Florida

Latitude

28.8618

Longitude

-82.3509

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