North Lake County Residential Land

Investment Overview

North Lake County Residential Development Property is a 45-acre residential development property, located just off US Hwy 441 in Leesburg and adjoining Lake Square Mall in Leesburg. All utilities (via city of Leesburg) are available and located on Radio Road, with current capacity for SFR development. Highest development densities would result from annexation into the City of Leesburg, which likely could yield a SFR Development of 4-5.5du /acre gross density for a total of 140-200 SFR lots with a mix of lot widths 50'/60'/70', all negotiable with the city of Leesburg. The property features a 55' dedicated easement adjoining and to the mall, and a 100' easement to Radio Road. Previous developer site plan shows 144 units (56 60' lots, 56 50' lots, and 32 townhomes), All developer DD docs are available including engineering, environmental, surveys, site plan, etc. Utilizing the additional 17 acre (5.3 ac uplands) adjoining property would add approximately 18 SFR units and can be also utilized for access from Radio Rd to the remaining properties. Estimated totals with this additional property would be 162 SFR Lots, 32 and Townhome lots. All developer engineering and DD docs available.

Investment Highlights

• 45 ± Acres (38 ± acres uplands)
• Adjoining 17 acres (5.3 ac uplands) also available (adds 18 SFR lots)
• SFR / Townhome/ MF Development Parcel
• All utilities (city of Leesburg water/sewer, power, cable/phone) are at Radio Road with capacity (currently) for 150-200 lot development
• Annexation into the City of Leesburg required
• Development Engineering and DD Docs Available
• Site Plan 144 units: 112 SFR, 32 Townhome
• 100' Easement to Radio Road
• 55' Easement Adjoins Lake Square Mall with direct access
• Additional 18+/- Units Available with adjoining property