$4,500,000

STATE ROAD 19, Groveland, FL 34736

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon58.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Growth is undeniably coming to Lake County so now is the time to consider how you can best utilize this future commercial retail spot! 58.3 acres of vacant land at the corner of Highway 19 and Cherry Lake Road. Located on the West side of Highway 19 running south, the property features a river that runs along the back of it which leads to Cherry Lake on the Clermont Chain of Lakes. These parcels are currently zoned residential, single family residence or multi-family HOWEVER due to the various subdivisions that are projected nearby, the area’s need for restaurants, banks, a grocery store, drug store or personal services will increase greatly and the County has indicated their preference to make Highway 19 a commercial corridor. A traffic light will be installed at the corner of Cherry Lake Road and Highway 19 in the near future. There are 5 total parcels being sold together that total the 58.3 acres, with approximately 20 acres high and dry. The possibilities for this location are endless, picture a TIKI BAR overlooking the water with a bike path winding along the river; perhaps an open area shopping center with a restaurant on one end and water sports rentals at the other. There is also a boat launch on the parcel. One lot currently has a home on it with a tenant so PLEASE DO NOT DRIVE ONTO OR ENTER PROPERTY WITHOUT PRIOR APPROVAL. Utilities are at the street which include water, electric and sewer.

Listing Status:
Active
Date Added:
May 14, 2025 at 05:00AM
Listing Office:
TRINITY REAL ESTATE SALES LLC : 321-299-3189
Listing Agent:
Bobby Orr : 321-303-4413
MLS ID:
G5097048
  • General: Other

This listing courtesy of Bobby Orr, TRINITY REAL ESTATE SALES LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mascotte Elementary School

460 Midway Ave, Mascotte, FL, 34753

Grades PK-5

2.18 miles away

C

Cecil E. Gray Middle School

205 E Magnolia St, Groveland, FL, 34736

Grades 6-8

2.10 miles away

S

South Lake High School

15600 Silver Eagle Rd, Groveland, FL, 34736

Grades 9-12

2.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.