Medical City Lake Nona Area | 41±AC Commercial Development Opp. | Saint Cloud (Orlando MSA) FL

Narcoossee Saint Cloud, FL 34771

Narcoossee, Saint Cloud, FL, 34771
Subject
Narcoossee, Saint Cloud, FL, 34771 Narcoossee, Saint Cloud, FL, 34771
FOR SALE
Property Type:
Commercial Land Development
Amount:
$10,500,000
Last Verified:
Nov 17, 2020

FL Retail Advisors is pleased to offer the fee simple interest in a 41.27 Acre parcel, located in along US Highway 192, which serves as the primary retail corridor in Saint Cloud, Florida. The Subject is zoned Highway Business and Commercial Future Land Use.

The Subject property is centrally located within a rapidly growing area. The property is surrounded by residential neighborhoods, and significant future residential development is planned nearby. The property is a short distance from several residential communities that are planned or under construction, including Center Lake Ranch (2,201 single family and 1,172 multi-family homes), Twin Lakes (2,000 attached and single-family homes), Live Oak Lake (329 homes), and Lancaster Park East (461 homes). In total, approximately 8,000 new residential units are planned or already under construction within a three-mile radius of the property.

The Subject is also located directly behind the Publix-anchored Narcoossee Shoppes, tenanted by Walgreens, MetroPCS, Pizza Hut, Great Clips, and more.

  • Directly South of a Top 10 Master Planned Community
  • Close Proximity to Lake Nona and Medical City
  • 1,320 Feet of Frontage on a Major East-West Thoroughfare | Exposure to 49,400± Vehicles per Day
  • Explosive Population Growth of Thirty Six Percent
  • Development Incentives Available
  • Tremendous Development in the Immediate Area

Additional URLs

Map of Narcoossee, Saint Cloud, FL, 34771

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What are Real Estate Incentives?

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.