Nicolette Lowe - Coldwell Banker Coast
Jones Avenue
MOUNT DORA, FL 32757

$10,500,000

Description

CAREFULLY READ REMARKS - Extraordinary Opportunity! This is a MULTIPLE PARCEL ID property - 440.8 acres in Orange County & 6.01 acres in Lake County. (There are TEN (10) individual property tax ID's with total acreage of 446.8 acres. Orange County land has been designated a ''Growth Center'', which allows special zoning and development opportunities. There are Three (3) Options to purchase. (See options the end of these remarks.) An extensive study of this property was commissioned in support of the Growth Center designation that focuses on Aerospace / Manufacturing / OEM type development reliever to Orlando. The sellers are open to partial sale offers but strongly desire to sell all. The primary listing Tax ID's are for Orlando North Airpark which consists of 41 acres and improvements. The total asking for the airport is $4.5M. This includes 41 acres and $2,000,000 improvements. Improvements are comprised of 27(48) buildings, 2700' paved runway,1400 grass overrun runway, double taxiways. The 24 all metal hangars are 3760 sq.ft with doors at both ends so that hangars can be split 50/50 allowing for 48 tenants. All hangars are leased. The operations building is 1200 sq.ft. Also on the property is a Single family 1,400 sf home used for security. Includes an above ground fuel farm with pumps. Options for purchase are - Option #1 = Orlando North Airport $4,500,000; Option #2 = Airport plus additional vacant land at $18,500 per acre; Option #3 = Airport Improvements and All Land (446.8 acres) $10,500,000

Details

MLS#V4714176
StyleIndustrial
Sub-TypeResale
StatusActive
Year2005
Days On Site846

Features

SQ Feet91,000
Story(s)1
ZoningA-2

Market Activity 32757

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Area Information

StateFL
CountyOrange
CityMOUNT DORA
Zip Code32757
Area32757 - Mount Dora
Listing VS Median (in 32757)
Price:
$10,500,000
low | high
Med:
$299,900
100% of Average
SqFt:
91,000
low | high
Med:
2,480
100% of Average
$ / SqFt:
$115
low | high
Med:
$121
45.19623655914% of Average
On Site:
846
low | high
Med:
88
100% of Average
Listing Updated: 12/17/2018
MLS Number: V4714176
Listing Provided By:
Bob Brewster  of  WATSON REALTY CORP.

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