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$1,350,000

300 State Road 70 E Lake Placid, FL 33852 Commercial - Active

  • 300 State Road 70 E, Lake Placid, FL 33852 Main Photo

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Description

Over 23 acres, high and dry, and less than a quarter mile east of the rapidly expanding crossroads of U.S. Highway 27 and State Road 70. With the upcoming expansion and 4-laning of SR 70, the rumored truck stop coming in at the northeast quadrant of the intersection, the nearby winery, industrial park across U.S. 27 to the west and brand-new golf resort a stone's throw to the south, this parcel is directly in the crosshairs of the explosive growth expected at this intersection and environs, with all the sequelae you might expect, and have seen countless times before as growth occurs at similar crossroads and hubs. Property has upside potential for continued nursery operations, U-pick vegetables and berries, a winery/brewery/distillery or eventual retail and/or housing -- all while the influx of traffic, homes and businesses accelerates your capital appreciation if current trends continue. Site already has office, shade houses and related structures, wells, irrigation and all the infrastructure associated with a nursery, much of which could be utilized for other purposes. Other properties are available in the immediate vicinity, some already zoned for RV and mobile home parks, and adjacent properties are potentially available as well. Current zoning is agricultural and would require a change or special exception for some of the potential uses. Seize this opportunity while the seller is still willing to part with this property and its tremendous potential - especially at this price! See video link in virtual tour.

Property Highlights

Property Type: Commercial -
Cooling: Office Only
Lot Size: 23.25 Acres
Taxes: $3,060
Year Built: 2000

General Information

County: Highlands
Listed By:
Jim Pyle ADVANTAGE REALTY 1 863-386-1111

Property Features

Days on Site: 1
Directions: From Lake Placid, proceed south on US 27 to the intersection of State Road 70. Turn left (east) and proceed roughly 1300 feet. Entrance is to your left (north) on the west side of the property.
Flood Zone Code: x
Foundation: Other
Home Warranty Y/N: No
Lot Dimensions: 23.25
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Agriculture
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Water Access Y/N: No
Zoning: AU
$1,350,000
New to the Market Active
BEDS0 BATHS SQUARE FEET5,000 MLS#L4962164
STATUSActive PROPERTY TYPECommercial -

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300 State Road 70 E, Lake Placid, FL 33852.

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