Catylist ID:
#28511185
19.49 Acre Commercial Infill Site For Sale
Vacant Land
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: | 28511185 |
| Property Subtypes: | Hospitality, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage |
| Gross Land Area: | 19.49 Acres |
| Sale Price: | $995,000 |
| Unit Price: | $51,051 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 1/17/2021 |
Overview / Comments
|
PRICED REDUCED - PRIME COMMERCIAL SITE FOR SALE on Commercial Way (US Highway 19), next to the entrance of Glen Lakes development, north of SR 50 in Weeki Wachee, Florida. This is an infill site, located just south of a Publix anchored shopping center, and next to the luxury golf course community of Glen Lakes and other luxury subdivisions. This site is suitable for a variety of uses including commercial, retail, office or medical facility development. This site has 1365 feet of direct frontage and access and excellent visibility along Commercial Way (US Highway 19). Property is commercially zoned and currently has an "AGRICULTURAL EXEMPTION" status, with very low real estate taxes. This is a great investment for development or for a land speculator to hold this property for future development. This property is co-listed by the following Independent Real Estate Brokers: Richard Harris & Associates, Inc. - Richard L. Harris, Broker, CCIM Ceraolo Realty - Paul Ceraolo, Broker Mark F. Ceraolo PA - Mark F. Ceraolo, Broker |
Attachments & Media
Additional Details
| Nearest MSA: | Tampa-St. Petersburg-Clearwater |
| County: | Hernando |
| Taxing Authority: | Hernando County |
| Tax ID/APN: | 00339798 (Key#) |
| Zoning: | PDP - GHC (PLANNED DEVELOPMENT PROJECT - GENERAL HIGHWAY COMMERCIAL); C-1 PERMITTED USES |
| Market Type: | Medium |
| Property Located Between: | Glen Lakes Blvd & Grizzly Bear Lane |
| Side of Street: | West |
| Road Type: | Paved, Highway |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Commercial Way (US Hwy 19) & Glen Lakes Blvd, North of SR 50 |
| Feet of Frontage: | 1,365 |
| Highway Access: | The property has direct frontage and access available along Commercial Way (US Highway 19), which is a primary north/south highway extending from Pasco County at the south though Hernando County into Citrus County to the north. There is a nearby median near the entrance of Glen Lakes development on this road. SR 50, which is a major east/west highway, is located a few mile to the south of the property. |
| Airports: | Hernando County Airport & Tampa International Airport |
| Site Description: | The property is a generally level vacant property situated at approximate road grade with trees. A concrete sidewalk has been installed along the Commercial Way (US 19) frontage. |
| Area Description: | The area consists of upscale homes in Glen Lakes development and surrounding subdivisions. There is a recent Publix Shopping Center development and existing commercial properties on Commercial Way (US Hwy 19) in the vicinity of the subject property. |
| Lot Frontage: | 1365 (US Hwy 19) |
| Lot Depth: | 790 Feet MOL (Max Depth) |
| Zoning Description: | PDP - GHC (PLANNED DEVELOPMENT PROJECT - GENERAL HIGHWAY COMMERCIAL). C-1 permitted uses including a variety of commercial and office uses. 2019 "Greenbelt" Agricultural EXEMPTION (reduced real estate taxes). |
| Development Name: | Commercial Site at Glen Lakes |
| Topography: | Level |
| Available Utilities: | Electric, Water, Sewer, Cable, Internet Access |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 15,532 | 49,400 |
| Median Age: | 49.67 | 48.68 |
| Households: | 6,547 | 20,703 |
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