123 Creekside DrOcoee, TN 37361

  • Land
  • 0.80 AC
For Sale
$599,900 View listing

Property Details for 123 Creekside Dr

Lot size
0.80 AC
Property type
Land
Property subtype
Commercial land
APN
070064B C 01000
APU
070064BC01000

Description

This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Ocoee, Polk County, Florida. Located at the crossroads of Hwy 64 and Hwy 411, this single-tenant property (APN: 064B C 010) boasts a highly desirable commercial zoning designation. The land is available for a net-net-net (NNN) lease at a rate of $7,500 per acre, per month. Multiple lots are available for purchase or lease. This prime location offers unparalleled visibility and accessibility, situated just moments from the Ocoee River and Cherokee National Forest, ensuring high traffic volume. A new Food City grocery store is under construction directly across Whitewater, further enhancing the area's commercial appeal. The presence of several other national tenants in the immediate vicinity solidifies this area's strong commercial growth trajectory. For investors seeking a build-to-suit option, this possibility exists depending on the tenant's creditworthiness. Interactive drone footage is available online to showcase the property's potential. This is an exceptional opportunity to capitalize on the burgeoning commercial development in this rapidly growing area. Don't miss out on this chance to secure a piece of Ocoee's vibrant commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,436,392
    Hospitality
    $7,727,690
    Educational
    $6,429,348
    Medical
    $6,650,462
    Retail
    $10,001,207
123 Creekside Dr, Ocoee, Tennessee

Location Insight

City
Ocoee
County
Polk
State
Tennessee
Latitude
35.1295
Longitude
-84.7185
CBSA code
17420
CBSA name
CLEVELAND, TN 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
$440
$26,040
-
$26,040
-
$65,100
-
$65,100

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