|Price||$1,828,500||Total Lot Size||2.82 AC|
|Property Type||Land||No. Lots||1|
|Property Sub-type||Commercial||Zoning Description||PUD|
|Listing ID: 15027224||Date Created: 01/30/2019|
1 Lot Available
|Price||$1,828,500||Lot Size||2.82 AC|
FL Retail Advisors is pleased to offer the fee simple interest in a 2.82± Acre parcel, located along South Narcoossee Road and Ralph Miller Road, which serves as the primary retail corridor in Saint Cloud, Florida.
The Subject is zoned PUD (Narcoossee Rummell Commercial Center PUD) and has a Future Land-Use of Commercial.
The Subject property is centrally located within a rapidly growing area. 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 Center Lake Ranch (1,837± Acres, 2,201 single family and 1,172 multi-family homes), Twin Lakes (2,000 attached and single-family homes), Live Oak Lake (329 homes), and Lancaster Park East (461 homes). In total, approximately 8,000 new residential units are planned or already under construction within a three-mile radius of the property. 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.