$1,400,000
$1,300,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
4.55 Acres Lot
SOLD DATE : 08/28/2023
Key Details
Sold Price $1,400,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID G5015988
Sold Date 08/28/23
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $7
Lot Size 4.550 Acres
Acres 4.55
Lot Dimensions 305X609
Property Description
AS ONE OF THE LAST FEW PARCELS remaining on Powell Road for development, this site consists of two parcels totaling 4.55+/- acres with 225’+/- of road frontage and a 1,400+/- sqft home. Located on the busy thoroughfare of Powell Road, this site is prime for commercial and multi-family development with easy access to The Villages Brownwood Town Center, Pinellas Plaza, and Shamrock Industrial Center (CR 462 Industrial Park.) Recently constructed into a 3-lane highway with bike paths and sidewalks, this location has become a hot spot for development and this property is one of the few larger parcels that remain. Utilities are all in place, including electric, water, and sewer, as well as, internet, phone, and cable. Already annexed into the City of Wildwood with CMU (Central Mixed Use) zoning you can SAVE TIME and MONEY without the hassle of having to rezone or go through the process of a land use amendment. With 325'+/- of frontage on Powell Rd this property allows for an array of uses, including, but not limited to: retail, office, medical, ILF/ALF, restaurant, and banking just to name a few. Existing home currently has a tenant in place providing monthly income, but could also be utilized as a sales center or project management office.
Location
State FL
County Sumter
Exterior
Utilities Available Other
Waterfront false
Building
Lot Description Cleared
Lot Size Range 2 to less than 5
Sewer None
Water None
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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