|Price||$1,060,000||Total Lot Size||3.86 AC|
|Property Type||Land||No. Lots||1|
|Property Sub-type||Commercial||Zoning Description||PD/CG|
|Listing ID: 15025824||Date Created: 01/30/2019|
1 Lot Available
|Price||$1,060,000||Lot Size||3.86 AC|
FL Retail Advisors is pleased to offer the fee simple interest in a 3.86±Acres parcel, located in along US Highway 192, and the FL Turnpike which serves as the primary retail corridor in St. Cloud, Florida. The Subject is zoned PD / CG.
The Subject property is centrally located within a rapidly growing area; the area has grown by 36%. The property is surrounded by residential neighborhoods, and significant future residential development is planned nearby. The property is a short distance from several residential communities that are planned or under construction, including Tohoqua (3,220± mixed Residential Units, 150K±SF Retail & Office and up to 300 Hospitality Suites) and within 2 mile of NEO CITY (482.5±Acres, 10.9M±SF Mixed-Use, 70K± Jobs Created). Between 2010 and 2018, the population grew by approximately 22% within three miles of the property and more than 30% within five miles. Current projections predict that the population within one, three and five-mile radius will increase approximately 16% between 2018 and 2023.
The Subject is also located directly adjacent to a vibrant new construction 220,000 shopping center with tenants such as, Hobby Lobby, Ross, 5 Below, Pet Smart, Out Back Steakhouse, Ulta, Sally Beauty.