Subject site in St. Cloud strategically located directly off of the Florida Turnpike. The site consists of two rectangular shaped parcels, zoned highway business and respectfully 1.88±AC and 1.38±AC, for a total of 3.26±AC. The site has been filled, and retention is handled off-site. Utilities are stubbed to site and run along Old Canoe Creek Road. County just approved plans for the county's first master-planned community to feature a Crystal Lagoon swimming amenity than 3±Miles from Subject, and includes plans for 2,818 homes and a future K-8 charter school.
The East Lake Toho element of Osceola County's Comprehensive Plan combined comprises more than 11K acres and have entitlements for 16,380± single-family homes, and 11,800± multi-family units as well as commercial centers, office parks and school sites. Highway Business Zoning Allows for a Variety of Mixed-Uses including but not limited to: Convenience Store/Gas, Restaurants, Hotel, Retail, Grocer, Schools, Multi-Family
Highlights
Two Parcels - 3.26±AC Total - Strategically located directly off of the FL Turnpike Exchange
Site has been Filled, Retention Handled Off-Site, and Utilities run along Old Canoe Creek
Massive Development in Immediate Area | 10K+ New Rooftops in Various Stages of Development
Desirable HB Zoning Allows for Several Uses - Including but not limited to C-Stores / Gas, Retail, Restaurants, Hotel, Grocer & Multi-Family
Osceola County named 2nd Fastest Growing County in FL (2020 Census)
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.