Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by: gregory karlson, yezmin restrepo
Office: advantage realty 1
MLS#:L4959027
Source:MFRMLS
Price summary
- Price:$4,205,734
About this home
Prime Commercial/Residential Mixed-Use Development Site encompassing 140.66± acres with adjacent existing high-value industrial and retail along 1,500+ feet of CR 17A W frontage and 2,400 feet of frontage on N Gaster Road, near gated lakefront communities including Grand Oaks and low- and high-density residential communities, just minutes from US 27 high-traffic retail and close to major industrial employers like Nucor (the area’s highest-paying employer). Buy this one-of-a-kind site today with upside potential to expand the current industrial zoning and allow the seller to recoup up to all of your initial investment while residential demand increases from the new jobs created by expanding industrial uses—taking your potential profit with extremely low carrying costs. Or simply sell off the road frontage into 5–11 acre tracts while holding the northerly portion for the biggest potential return next to Lake Pythias. All property has water and sewer in place and a tremendous amount of road frontage on two sides, with prime developments at each end, making this a property surrounded by proven markets and successful businesses. Don’t miss out on this before it sells. MLS # 317362 The northeasterly adjacent 31 acres of lakefront can be purchased separately, which could tremendously enhance this investment even more.
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Home facts
- Listing ID #:L4959027
- Added:2 day(s) ago
- Updated:February 01, 2026 at 05:16 PM
Structure and exterior
- Lot area:140.66 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,205,734
- Tax amount:$917 (2025)
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