115 County Road 29Lake Placid, FL 33852
- Land
- 0.24 AC
Property Details for 115 County Road 29
- Lot size
- 0.24 AC
- Zone code
- B3CU
- Property type
- Land
- Property subtype
- Commercial land
- APN
- C-17-37-30-A00-0020-0012
- APU
- C173730A0000200012
Description
This exceptional 0.24-acre commercial land parcel is located at 115 County Rd 29, Lake Placid, Florida, 33852 (APN: C-17-37-30-A00-0020-0012). Situated in a high-traffic area, this property offers 180 feet of highway frontage along CR 29 and US 27, ensuring excellent visibility for any commercial venture. The property is zoned B3CU, making it ideal for a variety of commercial multi-use developments. Its prime location is adjacent to a Winn-Dixie grocery store, part of a shopping plaza, presenting a significant advantage for retail businesses. This is one of only three remaining outparcels in the plaza, representing a rare opportunity for investors. The property's corner location provides maximum exposure, perfect for professional offices or retail establishments. Significant upside profit potential exists, and land lease options are available. This is a remarkable opportunity to capitalize on a high-demand location with strong visibility and diverse development possibilities. Don't miss this chance to secure a piece of Lake Placid's thriving commercial landscape. Asking price is $200,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,492,839
- Hospitality
- $3,199,422
- Educational
- $2,661,881
- Medical
- $2,753,427
- Retail
- $4,140,704
Location Insight
- City
- Lake Placid
- County
- Highlands
- State
- Florida
- Latitude
- 27.2666
- Longitude
- -81.3458
- CBSA code
- 42700
- CBSA name
- SEBRING, FL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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