Us Highway 27

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Us Highway 27

Groveland, FL 34736
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

Situated along US Highway 27 in Groveland, Florida, this land parcel occupies a high-visibility corridor in Lake County. The surrounding neighborhood is characterized by a mix of agricultural heritage and rapid suburban expansion, featuring nearby residential developments and essential retail centers. The site offers direct access to major north-south transit routes, providing efficient connectivity to State Road 50 and the Florida Turnpike. Local amenities include proximity to the South Lake trail system and established distribution hubs within the Groveland industrial sector. The property is suited for commercial development or light industrial use, aligning with the region’s logistical growth. Typical tenant profiles include regional retailers, equipment rental providers, or logistics companies seeking proximity to Central Florida’s transportation grid. The land’s topography and highway frontage support versatile site plans, ranging from storage facilities to specialized service centers catering to the expanding residential population and the heavy vehicle traffic frequenting the US-27 corridor.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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