Property Portfolio | 1.85 Acres on HWY 441S

PROPERTY FEATURES

• 1.85 Acres
• Extraordinary land development opportunity site totaling 80,585 SF and allowing for Retail, Office, Sales/ Distribution and Mixed-use Development
• Signalize Intersection
• Great Highway frontage, visibility and access via US Hwy 441 S., Dora Avenue and State Route 19
• Level, high and dry topography with all utilities to the site
• This area is experiencing an extremely high influx of new and redevelopment Commercial growth
• Highest & Best Use: Commercial Redevelopment- New Construction

Location, Location, Location! Here is an Extraordinary Opportunity to purchase1.85 Acres of Land, comprised of 2 parcels for a future development site of Retail, Distribution, Restaurant or Mixed- Use. Situated in an HUBZone as well, the City of Eustis is offering diverse economic opportunities to attract new businesses, development and residential growth that will easily service the growing community and population. This is an attractive site for Hospitality, Retail, Restaurant and or Professional Office developments. Subject site accommodates 2 commercial buildings, a 1,508 SF Medical Office and the other, a 2,270 SF Restaurant. Subject is also ideal for new construction, redevelopment or an expansion project for the existing buildings. Located in the friendly Waterfront Community of Eustis, FL, this property is located East of Lake Eustis and immediately North of Lake Saunders and boasts 780’ of high- level street exposure on US Hwy 441 S. This location is in direct proximity to major traffic arteries, numerous highly traveled commerce areas and is also surrounded by a myriad of quaint residential neighborhoods and bustling businesses- a Phenomenal Investment Opportunity or Great for an owner/ user. Call today for additional property details. This prime 1.85 acre parcel has a huge potential to become a development site. Fronting US Hwy 441 S., a heavily traveled thoroughfare in Lake County, any development project can do well here. Situated in a qualified HUBZone, tenants with businesses in this designated zone are eligible for many tax incentives and is a perfect site for a neighborhood Commercial Retail Center, Office Park or Single Retail User. Some of the features of this site include over 780’ of frontage on US Hwy 441 S., site may be divisible, property sits at a signalized intersection and within a 5- mile radius are over 65,643 residents with an average HHI of $54,400. This unique development opportunity can be found adjacent to major retailers such as Enterprise Rent- A- Car, Boost Mobile, Shell Gas Station, Penske Truck Rental, IHOP, Denny’s and more.