910 Citrus Grove RdMinneola, FL 34715

  • Commercial land
  • 5.10 AC
For Sale
$2,200,000 View listing

Property Details for 910 Citrus Grove Rd

Lot size
5.10 AC
Property type
Commercial land
APN
09-22-26-0105-007-00001
APU
92226010500700001

Description

This exceptional 2.45-acre commercial land parcel presents a remarkable development opportunity in the thriving Hills of Minneola, Florida. Located at 910 Citrus Grove Rd, Minneola, FL 34715, this site boasts a highly desirable location adjacent to the Publix at Hills Crossing Shopping Center, ensuring high visibility and convenient access. The property is already cleared and mass-graded, with utilities stubbed on-site, eliminating significant upfront development costs. A fully usable site, it features off-site master retention. Currently zoned PUD (Planned Unit Development) by the City of Minneola, this versatile property allows for a wide range of commercial uses. Conceptual plans for a car wash are available, but other possibilities include daycare centers, offices, banks, restaurants, and retail establishments, aligning with Minneola's B-1, OR, and I-1 zoning designations. Benefit from the established presence of numerous national retailers and service providers in the immediate vicinity, including Publix, Chipotle, McDonald's, Jersey Mike's, AT&T, UPS Store, and AdventHealth. The area is experiencing rapid residential growth, with over 10,000 new homes planned or under construction within a three-mile radius, guaranteeing a robust and expanding customer base. This is an unparalleled chance to capitalize on the explosive growth in Minneola and secure a prime location for your commercial venture. The asking price is $2,200,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $50,091,692
    Hospitality
    $45,883,720
    Educational
    $38,174,716
    Medical
    $39,487,604
    Retail
    $59,382,892

Location Insight

City
Minneola
County
Lake
State
Florida
Latitude
28.5911
Longitude
-81.7194
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,671
-
-
$925,650
-
$925,650
-
$925,650

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