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State Road 50

Groveland FL 34736

2539548 sq. ft.
Land
Currently for sale - view listing

Overview

Great future commercial retail spot! 58.3 acres of vacant land at the corner of Highway 19 and Cherry Lake Road. Turn lanes are expected to be in soon for Cherry Lake Road and a traffic light is in the future. This property is located on the West side of Highway 19 running south. This area is close to many new developments such as the Groveland Square Master Plan which is a 117 acre master planned development, Hillside Groves, which is slated for approximately 700 homes and multi family properties and Mission Rise, another potential residential project consisting of 237 acres. All these developments increase the area?s need for restaurants, banks, a grocery store, drug store or personal services. Groveland has deemed Highway 19 a "Commercial Corridor" so calling all retail and food establishments! There are 5 total parcels being sold together that total the 58.3 acres, with approximately 20 acres high and dry. One lot currently has a home on it with a tenant so PLEASE DO NOT DRIVE ONTO OR ENTER PROPERTY WITHOUT PRIOR APPROVAL.

Features

2539548 sq. ft. lot size
Land

Happy sellers in Groveland

88%
88% of sellers in Groveland reported that their sale price either exceeded or met their price expectations.

Groveland stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in Groveland over the last 12 months.

Local market activity for land plots in Groveland

In the last 12 months, 52 land plots similar to State Road 50, have been sold.

This represents a 17% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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