Prime Commercial/Residential Mixed Use Development Site encompassing 140.66 acres with adjacent existing high value industrial and retail along 1,500+ feet of CR 17A W frontage and 2,400 feet of frontage on N Gaster Road, near gated lakefront communities including Grand Oaks and low and high density residential communities, just minutes from US 27 high traffic retail and close to major industrial employers like Nucor (the areas highest paying employer). Buy this one of a kind site today with upside potential to expand the current industrial zoning and allow the seller to recoup up to all of your initial investment while residential demand increases from the new jobs created by expanding industrial usestaking your potential profit with extremely low carrying costs. Or simply sell off the road frontage into 511 acre tracts while holding the northerly portion for the biggest potential return next to Lake Pythias. All property has water and sewer in place and a tremendous amount of road frontage on two sides, with prime developments at each end, making this a property surrounded by proven markets and successful businesses. Dont miss out on this before it sells. MLS # 317362 The northeasterly adjacent 31 acres of lakefront can be purchased separately, which could tremendously enhance this investment even more.
Prime Commercial/Residential Mixed Use Development Site encompassing 140.66 acres with adjacent existing high value industrial and retail along 1,500+ feet of CR 17A W frontage and 2,400 feet of frontage on N Gaster Road, near gated lakefront communities including Grand Oaks and low and high density residential communities, just minutes from US 27 high traffic retail and close to major industrial employers like Nucor (the areas highest paying employer). Buy this one of a kind site today with upside potential to expand the current industrial zoning and allow the seller to recoup up to all of your initial investment while residential demand increases from the new jobs created by expanding industrial usestaking your potential profit with extremely low carrying costs. Or simply sell off the road frontage into 511 acre tracts while holding the northerly portion for the biggest potential return next to Lake Pythias. All property has water and sewer in place and a tremendous amount of road frontage on two sides, with prime developments at each end, making this a property surrounded by proven markets and successful businesses. Dont miss out on this before it sells. MLS # 317362 The northeasterly adjacent 31 acres of lakefront can be purchased separately, which could tremendously enhance this investment even more.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 0.00
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Sewer: Public Sewer
Utilities: Electricity Available, Water Available
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Country: US
Current Use: Commercial
Legal Description: A 74.36 ACRE TR IN E 1/2 OF SEC 10 LYING E+ W OF ABND ACL RR R/W + E 15 FT OF ABANDONED RR R/W RUNNING N + S THRU ALL SEC 10 IN W 1/2 OF E 1/2 10-33-28/8 74.36 AC
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