Ground Lease Development Opportunity | Site in St. Cloud located directly off of the FL Turnpike / Old Canoe Creek Rd. The 3.26±AC site has been filled, retention is handled off-site, and utilities are stubbed to site & run along Old Canoe Creek Rd. County just approved plans for the County's first master-planned community to feature a Crystal Lagoon swimming amenity less than 3±Miles from Subject, and includes plans for 2,818 homes and a future K-8 charter school. There are currently more than 19K± new roofs/units planned or under construction in the immediate area. Highway Business Zoning Allows for a Variety of Mixed-Uses including: C-Store/Gas, Restaurants, Hotel, Retail, Grocer, Schools, Multi-Family
Highlights
Site has been Filled, Retention Handled Off-Site, and Utilities run along Old Canoe Creek
St. Cloud named 2nd Fastest Growing City in US (2020 Census)
Massive Development in Immediate Area | 19K+ New Rooftops in Various Stages of Development
Desirable 'HB' Zoning Allows for Several Uses - Including C-Stores / Gas, Retail, Restaurants, Hotel, Grocer & Multi-Family
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.
