• Listing status icon

    $299,000

  • Active | MLS#: G4829035
  • 8.50Acre

42421 W ALTOONA RD ALTOONA, FL 32702

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Overview

Great general commercial MULTI-FAMILY PARCELS with 72 units available at a modest 8K per unit! 8 ACRES +/- GENERAL COMMERCIAL C-2 ZONING allows for 12 units per acre as per City of Umatilla. 938' ft. ON CR 42 & JUST WEST OF SR 19 (ALTERNATE KEYS #1392757 & #1786193) BOTH PARCELS ANNEXED INTO THE CITY OF UMATILLA WITH HIGH TRAFFIC COUNT SUITABLE FOR RETAIL SHOPPING CENTER, ADULT CONGREGATE LIVING FACILITY, BANK, AUTO & BOAT SALES, HOTEL, MINI WAREHOUSES, RESTAURANTS, AND SO MUCH MORE. Directly across street is well ESTABLISHED RETIREMENT COMMUNITY OF LAKEVIEW TERRACE WITH OVER 400 RESIDENTS AND PLANS FOR FUTURE EXPANSION!!! PROPERTY IS ALL HIGH AND DRY AND CITY WATER at corner of SR19. THERE IS A SMALL COTTAGE ON PROPERTY THAT COULD BE AN OFFICE WITH A BEDROOM, BATH AND SMALL KITCHEN, BUT ADS NO VALUE TO PROPERTY. MANY BUSINESSES SURROUND PROPERTY INCLUDING GAS STATIONS, CHURCHES, POST OFFICE, RESTAURANTS, PUBLIC SCHOOL AND PARKS. GREAT CENTRAL FLORIDA LOCATION JUST OUTSIDE THE OCALA NATIONAL FOREST, ONE HOUR FROM ORLANDO AND CLOSE TO THE NEW 429 EXPRESSWAY!!!! Valuated at $576,000 and offered for quick sale at $299,000.

Listing provided courtesy of: COLDWELL BANKER CAMELOT REALTY

General Features

  • Property Style Commercial
  • Township 17
  • Taxes 1167
  • Tax Year 2015
  • MLS Area Major Altoona
  • Current Adjacent Use Commercial, Multi-Family
  • Financing Available Cash, Seller Financing
  • County Or Parish Lake

Building Features

  • Pets Allowed 1

Property Features

  • Total Acreage 5 to less than 10
  • Site Improvements Cleared
  • Lot Size Sq Ft 370000
  • Lot Size Acres 8.5
  • Lot # 16
  • Lot Dimensions 938x490
  • Location Highway Frontage, In City Limits, Street Paved
  • Front Footage 938
  • Front Exposure South
  • Water View Lake
  • Water Name LAKE PEARL
  • Utilities City Water, Electric Avail on Site, Telephone

Schools

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Price & Status History

Days on Market

  • This property has been listed on the market for 390 days

Location

The property map location is: Accurate, based on Google's address match.

Walk Score

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Home Valuation

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Community Demographics for Zip Code 32702 (ALTOONA)

Housing Occupancy
  • Home Owners: 875 (49%)
  • Renters: 414 (23%)
  • Vacant: 514 (29%)
  • Total Housing Units: 1,803
Households
  • Average Household Size: 2.2
  • Housing Density (People per square mile): 51
Age Range (number of people)
  • Age 0-14: 517
  • Age 15-24: 307
  • Age 25-39: 505
  • Age 40-59: 708
  • Age 60-79: 601
  • Age 80+: 263
  • Total: 2,901

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 32702 (ALTOONA)

Public Schools in Zip Code 32702 (ALTOONA)

* This list of schools may not match the property above.

ALTOONA SCHOOL 42630 STATE RD 19 ALTOONA, FL 32702 Phone: 3526693444 K-5th
Grade Size Distribution
  • Knd: 28
  • 1st: 19
  • 2nd: 21
  • 3rd: 18
  • 4th: 14
  • 5th: 13
School Population
  • Teachers: 8
  • Students per Teacher: 14.1
  • Students: 113
  • Male/Female: 53/59
School District
  • LAKE
  • 201 WEST BURLEIGH BLVD TAVARES, FL 32778
  • Phone: 3522536523
District Population
  • Schools: 60
  • Full-Time Teachers: 2885
  • Students per Teacher: 14.2
  • Staff: 5814
  • Students: 40960
RIVENDELL ACADEMY 18121 BOYS RANCH RD ALTOONA, FL 32702 Phone: 3526699444
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 0
  • Male/Female: 0/0
School District
  • LAKE
  • 201 WEST BURLEIGH BLVD TAVARES, FL 32778
  • Phone: 3522536523
District Population
  • Schools: 60
  • Full-Time Teachers: 2885
  • Students per Teacher: 14.2
  • Staff: 5814
  • Students: 40960

* School data provided by US Department of Education


Listing information provided in part by the IDX Program of My Florida Regional MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 7/22/2017 12:51 AM PST.

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* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional