Commercial Land Development - Old Canoe Creek Rd and FL Turnpike - 3.26AC - Orlando FL MSA

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. This area is exploding with residential, between Kindred/DR Horton subdivision to the west, multiple others sprinkled around our site, and Hickory Grove/AVHomes to the east, there are approximately 14,000 new roof tops in various stages of development in the immediate area. The East Lake Toho element of Osceola County's Comprehensive Plan combined comprises more than 11,000 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