prime residential lakefront land development land … · lakefront views of trout lake and lake...

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DEVELOPMENT LAND FOR SALE PRIME RESIDENTIAL LAKEFRONT LAND WITH ADDITIONAL COMMERCIAL POTENTIAL 721± acres • Lake County, FL Commercial Real Estate Investments | Management | Brokerage | Development | Land Maury L. Carter & Associates, Inc. 407-422-3144 | www.maurycarter.com Maury L. Carter & Associates, Inc. Licensed Real Estate Broker SM Acres Number of Proposed Units Price per Acre Total Price Single Family 85± 340 units $115,000/acre $9,775,000 Multi-Family 20± 300 units $200,000/acre $4,000,000 Town Center 67± Mixed Use +63 residential units $200,000/acre $13,400,000 NW Corner Commer- cial w/ multi-family component 49± Commercial & Multi-Family component 400 - 600 units $150,000/acre $7,350,000 Bulk Purchase 223± $150,000/acre $33,150,000 Southern Sections Bulk Purchase 174± $150,000/acre $26,100,000 LOCATION Located on east side of US 27, approx. 2 miles south of Clermont in Lake County, FL. SIZE/PRICE See size/price chart below FRONTAGE Road: 1.5 miles on US 27 1.8 miles on Schofield Rd. Lake: 1 mile on Trout Lake FLU FLU is Urban Low (4du/ac) in Lake County w/portions including a Town Center Designation within the Wellness Way overlay district AVAILABLE Commercial mixed use w/ multi-family 49± Acres SOLD Sports, Entertainment, Well- ness Hub - Mixed Use 243± Acres AVAILABLE Town Center Neighborhood 340 Single Family Units 85± Acres AVAILABLE Town Center Mixed Use 63 Units 67± Acres AVAILABLE Multi-Family Residential 300 Units 20± Acres SOLD PHASE I UNDER CONTRACT PHASE II Single Family Residential 600± Units 153± Acres

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Page 1: PRIME RESIDENTIAL LAKEFRONT LAND DEVELOPMENT LAND … · lakefront views of Trout Lake and Lake Louisa, with 1 mile of frontage along Lake Trout. • Recreational possibilities abound

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ALEPRIME RESIDENTIAL LAKEFRONT LAND

WITH ADDITIONAL COMMERCIAL POTENTIAL721± acres • Lake County, FL

Commercial Real Estate Investments | Management | Brokerage | Development | Land

Maury L. Carter & Associates, Inc.407-422-3144 | www.maurycarter.com Maury L. Carter & Associates, Inc.

Licensed Real Estate Broker

SM

Acres Number of Proposed Units

Price per Acre Total Price

Single Family 85± 340 units $115,000/acre $9,775,000

Multi-Family 20± 300 units $200,000/acre $4,000,000

Town Center 67± Mixed Use +63 residential units

$200,000/acre $13,400,000

NW Corner Commer-cial w/ multi-family component

49± Commercial & Multi-Family

component 400 - 600 units

$150,000/acre $7,350,000

Bulk Purchase 223± $150,000/acre $33,150,000

Southern Sections Bulk Purchase

174± $150,000/acre $26,100,000

LOCATIONLocated on east side of US 27, approx. 2 miles south of Clermont in Lake County, FL.

SIZE/PRICESee size/price chart below

FRONTAGERoad: 1.5 miles on US 27 1.8 miles on Schofield Rd.

Lake: 1 mile on Trout Lake

FLUFLU is Urban Low (4du/ac) in Lake County w/portions including a Town Center Designation within the Wellness Way overlay district

Selected Custom Parcels

Streets MapWise

County Boundaries

Copyright 2017 MapWise, Inc. All rights reserved.

www.mapwise.com. This map is informational only. No representation

is made or warranty given as to its content. User assumes all risk of

use. MapWise and its suppliers assume no responsibility for any

losses resulting from such use.

AVAILABLE Commercial

mixed use w/ multi-family 49± Acres

SOLDSports, Entertainment, Well-

ness Hub - Mixed Use 243± Acres

AVAILABLE Town Center Neighborhood

340 Single Family Units 85± Acres

AVAILABLE Town Center Mixed Use

63 Units 67± Acres

AVAILABLE Multi-Family Residential300 Units 20± Acres

SOLDPHASE I

UNDER CONTRACTPHASE II

Single Family Residential 600± Units153± Acres

Page 2: PRIME RESIDENTIAL LAKEFRONT LAND DEVELOPMENT LAND … · lakefront views of Trout Lake and Lake Louisa, with 1 mile of frontage along Lake Trout. • Recreational possibilities abound

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ALEPRIME RESIDENTIAL LAKEFRONT LAND

WITH ADDITIONAL COMMERCIAL POTENTIAL721± acres • Lake County, FL

Commercial Real Estate Investments | Management | Brokerage | Development | Land

Maury L. Carter & Associates, Inc.407-422-3144 | www.maurycarter.com Maury L. Carter & Associates, Inc.

Licensed Real Estate Broker

SM

Acreage Available for: Commercial – Residential – Multifamily – Mixed Use

A lot has changed since we first put this property on the market. Activity is hot. If you are a builder, or developer, and are looking for premier land in one of Central Florida’s hottest areas of development, look no further.

What is Available and Remaining to be Sold:• 85+/- remaining acres of single family residential with up to 340 units • 20+/- remaining acres of Multifamily, with 300 units• 67+/- remaining acres of “Town Center” or Mixed Use – 63 units• 49+/- remaining acres of commercial with a Multifamily component with 400+ units

Current Activity to the Site:There has been massive activity on the property that will benefit the rest of the remaining parcels. At this time, we have closed on the Phase I of a 150+/- acre contract to Hanover Family Builders (Phase I closed end of December 2018, Phase II set to close in 2020).

In addition to that, 243+/- acres have been sold to Olympus Sports & Entertainment on June 21st, 2019. This project is a major professional sports training, wellness and recreational facility. The addition of Olympus to this site will have enormous impacts on value and marketability of the remaining parcels. In addition, it is estimated that Olympus will create approximately 6,000 jobs and $1.4 billion in economic impacts to the region over a 10 year period. This facility will host amateur and professional athletes from around the world and will be “broadcast ready”. a mix of multifamily and townhome units, more than 1,000 hotel rooms, about 860,000 square feet of retail and office space, and nine sport and civic venues equipped for showcasing a variety of traditional and non-traditional sport matches like those seen within the emerging online video game “esport” industry.

Utilities: It is estimated that both water and sewer will be to site and stubbed out for “plug in” to the remaining land available during the 4th quarter of 2019.

Incredible development opportunity!

Page 3: PRIME RESIDENTIAL LAKEFRONT LAND DEVELOPMENT LAND … · lakefront views of Trout Lake and Lake Louisa, with 1 mile of frontage along Lake Trout. • Recreational possibilities abound

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ALEPRIME RESIDENTIAL LAKEFRONT LAND

WITH ADDITIONAL COMMERCIAL POTENTIAL721± acres • Lake County, FL

Commercial Real Estate Investments | Management | Brokerage | Development | Land

Maury L. Carter & Associates, Inc.407-422-3144 | www.maurycarter.com Maury L. Carter & Associates, Inc.

Licensed Real Estate Broker

SM

Wellness Way Project:This property is a part of, and subject to, The Wellness Way Sector Plan. The Wellness Way is considered to be the Planned Gateway to Southeast Lake County, from neighboring Horizon’s West to the east. Please google “Lake County Wellness Way” to learn about the requirements and zoning of this land and how it will affect your use. Since each user’s requirements are different, it is up the buyers to review this information and make sure the land use and restrictions fit their needs and goals.

Property Highlights:

• Accessibility to Florida’s Turnpike, SR 408, I-4 and adjacent to the planned Wellness Way Access Road which will connect US 27 to SR 429 at the SR 429/New Independence Pkwy interchange.

• This area is a prime location for development and growth for both commercial and residential uses. Strong economic growth is expected to continue in the region.

• Approximately 15 minutes to downtown Clermont, South Lake Hospital, Hamlin and Horizons West, and shopping/entertainment.

• This property has excellent aesthetic appeal with rolling hills and stunning lakefront views of Trout Lake and Lake Louisa, with one mile of frontage along Trout Lake.

• Neighbored by residential subdivisions and a golf and country club. Lake Louisa State Park is located directly across from the subject on US 27. The park encompasses 4,500 acres with full-facility campsites, hiking and biking trails, fishing and more.

• Within commuting distance to downtown Orlando, Kissimmee, and Disney World Resort/Disney Springs and the tourist corridor

• Excellent development site offering natural beauty and recreation within a short distance from city amenities.

• Located approximately 30 minutes from Walt Disney World and the attractions, 15 minutes from Downtown Clermont and Hamlin/Horizons West and within commuting distance to Downtown Orlando.

• Extensive economic activity in Lake County makes this prime property for development and growth for both commercial and residential uses in the area.

• Strong economic growth is expected to continue in the region. • Natural elements give this site incredible aesthetic appeal, featuring rolling hills and picturesque

lakefront views of Trout Lake and Lake Louisa, with 1 mile of frontage along Lake Trout. • Recreational possibilities abound with a conservation area and nature trail in the works and

local attractions such as the neighboring Lake Louisa State Park drawing visitors from across the country. Perfect balance for development and nature. Another public park is slated to be built and constructed to the east of this property in the coming years.

Offering subject to errors, omission, prior sale or withdrawal without notice.

Page 4: PRIME RESIDENTIAL LAKEFRONT LAND DEVELOPMENT LAND … · lakefront views of Trout Lake and Lake Louisa, with 1 mile of frontage along Lake Trout. • Recreational possibilities abound

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ALEPRIME RESIDENTIAL LAKEFRONT LAND

WITH ADDITIONAL COMMERCIAL POTENTIAL721± acres • Lake County, FL

Commercial Real Estate Investments | Management | Brokerage | Development | Land

Maury L. Carter & Associates, Inc.407-422-3144 | www.maurycarter.com Maury L. Carter & Associates, Inc.

Licensed Real Estate Broker

SM

Lake-Orange Connector RoadA new toll road that would link U.S. Highway 27 in Clermont to State Road 429 and Horizon West in west Orange County carries an estimated price tag of $469.5 million but could pay dividends in future economic development if built, supporters say.

The proposed new road would siphon traffic from S.R. 50 and provide crucial links to planned future developments, including a Horizon West campus of Valencia College and Lake County’s ambitious Wellness Way, which aims to be a hub of health and fitness-centered businesses. The tolled spur’s west end would stop at U.S. 27, close to both the western gate of Disney World and to Olympus, a planned 243-acre sports-themed community in Clermont.

Unveiled in May, Olympus will include multi-sport training and competition venues; wellness, health and fitness facilities; a village of hotels, restaurants and shops; and a residential area of townhomes and apartment buildings.

Lake 721ac Zoom No Outlines

Landscap Selected Custom Parcels

Toll Roads

Interstates

US Roads

State Roads

County Roads

County Boundaries

Copyright 2015 MapWise, Inc. All rights reserved. www.mapwise.com.

This map is informational only. No representation is made or warranty

given as to its content. User assumes all risk of use. MapWise and its

suppliers assume no responsibility for any losses resulting from such

use.

ProposedLake-Orange

Connector Road

LAKELOUISA

TOLL

429

TOLL

429

PROPOSED ORANGE-LAKE CONNECTOR ROAD

SCHOFFIELD RD

Soon to be paved 2 lane road

Page 5: PRIME RESIDENTIAL LAKEFRONT LAND DEVELOPMENT LAND … · lakefront views of Trout Lake and Lake Louisa, with 1 mile of frontage along Lake Trout. • Recreational possibilities abound

PRIME RESIDENTIAL LAKEFRONT LANDWITH ADDITIONAL COMMERCIAL POTENTIAL721± acres • Lake County, FL

Lake 741ac-Location

Selected Custom Parcels

Toll Roads

Interstates

US Roads

State Roads

County Roads

County Boundaries

Polygons Drawing

Lines Drawing

Labels Drawing

Points Drawing

Copyright 2015 MapWise, Inc. All rights reserved. www.mapwise.com.

This map is informational only. No representation is made or warranty

given as to its content. User assumes all risk of use. MapWise and its

suppliers assume no responsibility for any losses resulting from such

use.

Commercial Real Estate Investments | Management | Brokerage | Development | Land

Maury L. Carter & Associates, Inc.407-422-3144 | www.maurycarter.com Maury L. Carter & Associates, Inc.

Licensed Real Estate Broker

SM

LOCATION MAP

N

Orlando Int’lAirport

Orlando

4

4

4

4

Lk. LouisaState Park

Clermont

Walt DisneyWorld

Lake Mary

AltamonteSprings

HorizonsWestDRI

27

27

OSCEOLA

27

FourCorners

ORANGE

SEMINOLE

VOLUSIA

LAKE

Page 6: PRIME RESIDENTIAL LAKEFRONT LAND DEVELOPMENT LAND … · lakefront views of Trout Lake and Lake Louisa, with 1 mile of frontage along Lake Trout. • Recreational possibilities abound

PRIME RESIDENTIAL LAKEFRONT LANDWITH ADDITIONAL COMMERCIAL POTENTIAL721± acres • Lake County, FL

Lake 721ac Zoom No Outlines

Landscap Selected Custom Parcels

Toll Roads

Interstates

US Roads

State Roads

County Roads

County Boundaries

Copyright 2015 MapWise, Inc. All rights reserved. www.mapwise.com.

This map is informational only. No representation is made or warranty

given as to its content. User assumes all risk of use. MapWise and its

suppliers assume no responsibility for any losses resulting from such

use.

Commercial Real Estate Investments | Management | Brokerage | Development | Land

Maury L. Carter & Associates, Inc.407-422-3144 | www.maurycarter.com Maury L. Carter & Associates, Inc.

Licensed Real Estate Broker

SM

REGIONAL MAP

LAKE

LAKELOUISA

Lake LouisaState Park

CLERMONT

HAINES CITYFour Corners

ORANGESoon to be paved 2 lane road

SCHOFFIELD RD

ProposedLake-Orange

Connector Road

Page 7: PRIME RESIDENTIAL LAKEFRONT LAND DEVELOPMENT LAND … · lakefront views of Trout Lake and Lake Louisa, with 1 mile of frontage along Lake Trout. • Recreational possibilities abound

PRIME RESIDENTIAL LAKEFRONT LANDWITH ADDITIONAL COMMERCIAL POTENTIAL721± acres • Lake County, FL

Commercial Real Estate Investments | Management | Brokerage | Development | Land

Maury L. Carter & Associates, Inc.407-422-3144 | www.maurycarter.com Maury L. Carter & Associates, Inc.

Licensed Real Estate Broker

SM

Selected Custom Parcels

Streets MapWise

County Boundaries

Copyright 2017 MapWise, Inc. All rights reserved.

www.mapwise.com. This map is informational only. No representation

is made or warranty given as to its content. User assumes all risk of

use. MapWise and its suppliers assume no responsibility for any

losses resulting from such use.

AVAILABLE Commercial

mixed use w/ multi-family component 49± Acres

SOLDSports, Entertainment,

Wellness Hub - Mixed Use 243± Acres

AVAILABLE Town Center Neighborhood

340 Single Family Units 85± Acres

AVAILABLE Town Center Mixed Use

63 Units 67± Acres

AVAILABLE Multi-Family Residential300 Units 20± Acres

SOLDPHASE I

Single Family Residential 600± Units153± Acres

SCHOFFIELD RD

SCH

OFF

IELD

RD

Soon to be paved 2 lane road

UNDER CONTRACTPHASE II

Page 8: PRIME RESIDENTIAL LAKEFRONT LAND DEVELOPMENT LAND … · lakefront views of Trout Lake and Lake Louisa, with 1 mile of frontage along Lake Trout. • Recreational possibilities abound

PRIME RESIDENTIAL LAKEFRONT LANDWITH ADDITIONAL COMMERCIAL POTENTIAL721± acres • Lake County, FL

CONCEPTUAL MAP

Commercial Real Estate Investments | Management | Brokerage | Development | Land

Maury L. Carter & Associates, Inc.407-422-3144 | www.maurycarter.com Maury L. Carter & Associates, Inc.

Licensed Real Estate Broker

SM

Clonts Groves, Inc.Conceptual Land Use Plan

Wellness Way Area Plan Study C.1.1

Disclaimer: This plan is illustrative purposes only.

As a conceptual plan all information is subject to change

0 300 600Scale in Feet

Wellness Corridors Network:Trails & Pathway

Streets & Roads Rights of Way

Wellness Spaces:Open Spaces, Parks, Conservation, Water Management, & Greenways

CommercialMixed Use

NeighborhoodMulti-familyResidential

AthletesNeighborhoodMulti-familyResidential

SportsResidential

Neighborhood

Multi-familyResidential

Town CenterMixed Use

Town CenterMixed Use

SOLD Olympus

Sports, Entertainment, Wellness Hub, Mixed-Use

243± Acres

SOLDSingle Family Residential Neighborhood

600± Units

Lake Louisa Stae ParkEntrance

Trout Lake

SCHOFIELD ROAD (Wellness Way)

Town Center Neighborhood

Page 9: PRIME RESIDENTIAL LAKEFRONT LAND DEVELOPMENT LAND … · lakefront views of Trout Lake and Lake Louisa, with 1 mile of frontage along Lake Trout. • Recreational possibilities abound

PRIME RESIDENTIAL LAKEFRONT LANDWITH ADDITIONAL COMMERCIAL POTENTIAL721± acres • Lake County, FL

LAKE COUNTY FLU MAP

Commercial Real Estate Investments | Management | Brokerage | Development | Land

Maury L. Carter & Associates, Inc.407-422-3144 | www.maurycarter.com Maury L. Carter & Associates, Inc.

Licensed Real Estate Broker

SM

Page 10: PRIME RESIDENTIAL LAKEFRONT LAND DEVELOPMENT LAND … · lakefront views of Trout Lake and Lake Louisa, with 1 mile of frontage along Lake Trout. • Recreational possibilities abound

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ALEPRIME RESIDENTIAL LAKEFRONT LAND

WITH ADDITIONAL COMMERCIAL POTENTIAL721± acres • Lake County, FL

Commercial Real Estate Investments | Management | Brokerage | Development | Land

Maury L. Carter & Associates, Inc.407-422-3144 | www.maurycarter.com Maury L. Carter & Associates, Inc.

Licensed Real Estate Broker

SMMaury L. Carter & Associates, Inc.Licensed Real Estate Broker

SM