Description
| Price | Undisclosed | CAP Rate: | N/A |
| Property Type | NNN Ground Lease | Total Lot Size | 3.26 AC |
| Property Sub-type | Zoning Description | Highway Business | |
| Sale Type | Ground Lease |
| Listing ID: | Date Created: 06/16/2022 |
Property Description
| Price | Undisclosed | Lot Size | 0.22 AC |
Subject site in St. Cloud strategically located directly off of the Florida Turnpike. The site consists of two rectangular shaped parcels, zoned highway business and respectfully 1.88±AC and 1.38±AC,for a total of 3.26±AC. The site has been filled, and retention is handled off-site.Utilities are stubbed to site and run along Old Canoe Creek Road.•This area is exploding with residential, between Kindred/DR Horton subdivision to the west, multiple others sprinkled around our site, and HickoryGrove/AVHomes to the east, there are approximately 10,000new roof tops in various stages of development
Sale Notes
The East Lake Toho element of Osceola County’s Comprehensive Plan combined comprises more than 11,000 acres & have entitlements for 16,380±single-family homes, and 11,800± multi-family units as well as commercial centers, office parks and school sites.Highway Business Zoning Allows for a Variety of Mixed-Uses including but not limited to:Convenience Store/Gas, Restaurants,Hotel, Retail,Grocer, Schools and Multi-Family.
