239.8+- Industrial Site I-75/Fl Turnpike Wildwood

Vacant Land for Sale
Catylist Listing ID: 30345982
Property Subtypes: Industrial
Gross Land Area: 239.80 Acres
Sale Price: $19,184,000
Unit Price: $80,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/15/2021

Overview / Comments

PROPERTY DESCRIPTION Pike 75 Logistics Center is a shovel ready industrial site planned for over 2,300,000 square feet of class A warehouse and distribution. It was planned as a strategic transportation regional distribution center totaling over 239± acres, and is located in Sumter County at the apex of Central Florida’s transportation hub. This site is fully permitted with all utilities available and all due diligence complete. With the site directly located in Central Florida, it makes for easy highway transportation to major cities such as Orlando (48 miles away) and Tampa (75 miles away). The seller would sell the entire site, an undeveloped portion of the site or pad ready sites. Call for details.

LOCATION DESCRIPTION Located directly off SR 44, this industrial land site has quick access to many of Florida's major highways. Located just 1.5 miles away from highway I-75, 1.7 miles from 301, and 1.9 miles away from the Florida Turnpike. Pike 75 is located in the regional distribution hub of Sumter County. Where gross sales have increased by 91.3% from 2009 to 2016. As well, Sumter County is the only county in Florida to experience continued growth throughout the recession in assessed value, reaching $7.7 billion in 2014, up 33% from 20018 (Moody's, 2016). It also contains the Villages Community, which is ranked fourth nationally on Money Rates 2017 list of best places for young entrepreneurs.

PROPERTY SIZE 239.8 Acres ZONING Industrial

PROPERTY OWNER Sumter LLC

PRICING $80,000/acre for a bulk sale $100,000/acre if subdivided (minimum 20 acres) $160,000/acre pad ready (minimum 20 acres)

This listing has a variable rate commission.

Additional Details

Nearest MSA: The Villages
County: Sumter
Tax ID/APN: F12=035

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,148 4,928 39,083
Median Age: 32.14 44.59 61.7
Households: 394 2,029 19,967

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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