State Road 19, GROVELAND, FL 34736
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group



Listed by:bobby orr
Office:trinity real estate sales llc.
MLS#:G5097048
Source:MFRMLS
Price summary
- Price:$4,500,000
About this home
Growth is undeniably coming to Lake County so now is the time to consider how you can best utilize this future commercial retail spot! 58.3 acres of vacant land at the corner of Highway 19 and Cherry Lake Road. Located on the West side of Highway 19 running south, the property features a river that runs along the back of it which leads to Cherry Lake on the Clermont Chain of Lakes. These parcels are currently zoned residential, single family residence or multi-family HOWEVER due to the various subdivisions that are projected nearby, the area’s need for restaurants, banks, a grocery store, drug store or personal services will increase greatly and the County has indicated their preference to make Highway 19 a commercial corridor. A traffic light will be installed at the corner of Cherry Lake Road and Highway 19 in the near future. There are 5 total parcels being sold together that total the 58.3 acres, with approximately 20 acres high and dry. The possibilities for this location are endless, picture a TIKI BAR overlooking the water with a bike path winding along the river; perhaps an open area shopping center with a restaurant on one end and water sports rentals at the other. There is also a boat launch on the parcel. One lot currently has a home on it with a tenant so PLEASE DO NOT DRIVE ONTO OR ENTER PROPERTY WITHOUT PRIOR APPROVAL. Utilities are at the street which include water, electric and sewer.
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Home facts
- Listing Id #:G5097048
- Added:92 day(s) ago
- Updated:August 14, 2025 at 12:18 PM
Structure and exterior
- Lot area:58.3 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public, Public Sewer, Sewer Available
Finances and disclosures
- Price:$4,500,000
- Tax amount:$2,661 (2024)
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