$6,000,000
$6,000,000
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39.35 Acres Lot
SOLD DATE : 01/30/2023
Key Details
Sold Price $6,000,000
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID G5014131
Sold Date 01/30/23
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Annual Tax Amount $41,069
Lot Size 39.350 Acres
Acres 39.35
Lot Dimensions 131X2637X1210X782
Property Description
Situated just North of The Villages commercial corridor “Buffalo Ridge,” this property is prime for multi-family and/or mixed-use development through the City of Wildwood. The Villages is known as one of the Fastest Growing and Top Destination developments in the Nation and this site is perfectly positioned for growth. City utilities for water and sewer are located at the site with capacity for expansion. The current zoning is R-1 which allows density of up to Four (4) units per acre and comparable to adjacent single-family site Village of Parkwood; however, with a land-use change density could increase up to (15) units per acre and be comparable to neighboring properties like Trinity Springs, The Carriage House, The Willows, Buffalo Crossing and other multi-family sites. For a mixed-use development, office and medical space would best be suited with the neighboring property, Oxford Medical Park, which includes Advanced Urology Institute, dentistry, surgery center, and other medical uses. Nearby commercial & retail properties include Bealls, PetSmart, HomeGoods, Marshalls, Wal-Mart, Fresh Market, Tire Choice, Olive Garden, Red Lobster, and many more. Come be a part of the Nations Fastest Growing area and watch your business and invest soar as well!
Location
State FL
County Sumter
Exterior
Utilities Available Public, Sewer Connected
Building
Lot Description Paved
Lot Size Range 20 to less than 50
Sewer Public Sewer
Water Public
Construction Status Inspections
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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