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1349 US 27 N

7 Acres of Commercial Land Offered at £625,882 in Lake Placid, FL 33852

Investment Highlights

  • all utilities to the adjacent ALF makes this an easy & potentially very profitable development
  • Zoned B-3
  • Highway Frontage 1,121Ft High Exposure Site

Executive Summary

Prime 7+-Acre Medical Development Site Adjacent to Bedrock Care at Southern Life ALF across from Advent Health Lake Placid Hospital!

Property Facts

Price £625,882
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use General Freestanding
Total Lot Size 7.00 AC

1 Lot Available

Lot

Price £625,882
Price Per AC £89,412
Lot Size 7.00 AC

This site has the potential to support up to 60,000+-SF of Medical Bld(s) at only $14 psf of land cost to the bld(s) which is $35 below market! Don’t miss out on this exceptional opportunity.

Description

Prime 7+-Acre Medical Development Site Adjacent to Bedrock Care at Southern Life ALF across from AdventHealth Lake Placid Hospital! Full Median Turn, DOT curb cuts in place with 1120+-Front Ft on US Hwy 27 & all utilities to the adjacent ALF makes this an easy & potentially very profitable development. The many complementary uses to ALF & Hospital are: Cancer Center, Dialysis, Psychological, Hearing Aid,etc. This site has the potential to support up to 60,000+-SF of Medical Bld(s) at only $14 psf of land cost to the bld(s) which is $35 below market! Don’t miss out on this exceptional opportunity. Develop to lease out for long term income, condo units & sell to the tenants after all your depreciation has been taken for even higher returns.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
P-25-36-29-A00-0140-0000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£925

zoning

Zoning Code B-3 (Business District)
B-3 (Business District)
  • Listing ID: 28601957

  • Date on Market: 29/05/2023

  • Last Updated:

  • Address: 1349 US 27 N, Lake Placid, FL 33852

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