Frank von Frankenstein 21 Acre Development Tract

Investment Overview

Located in Lake County, Florida, this 21+ acre development tract is contiguous with the City of Groveland on SR 19 and is 2.5 ± miles from Hwy 27 and the Florida Turnpike. Less than one hour from Orlando and the Orlando International Airport. Water/Sewer is approximately 0.65 miles away, to the south, on the west side of SR19 and Arrowtree Blvd. Commercial uses would be appropriate. Groveland is pushing for more commercial and is incorporating this into the land regulations. This land is contiguous to the north with two planned commercial hard corner parcels. Look at this property with commercial development in mind. The property totals 21.75 acres, with approximately 19.5 acres of uplands, 2.25 acres of wetlands, 10 acres in the flood zone, and one small man-made pond. Lake County Unincorporated, Zoned A, FLU rural. This site will need to be incorporated into the City of Groveland - Town Core Zoning. Groveland is experiencing rapid, high-intensity growth, with an annual population growth rate of 5.5%. The City of Groveland is one of Florida's fastest-growing cities, with a 45% increase in population since 2020.

Investment Highlights

• Prime location in Howey-in-the-Hills area
• Strategic proximity to key amenities
• Ample space for development
• Serene and picturesque surroundings
• Potential for visionary commercial projects
• Desirable position for business environment
• Rare chance to capitalize on burgeoning market
• Ideal for land or office development