$799,900
For Sale
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Prime 7+-Acre Medical Development Site Adjacent to Bedrock Care at Southern Life ALF across from AdventHealth Lake Placid Hospital! Full Median Turn, DOT curb cuts in place with 1120+-Front Ft on US Hwy 27 & all utilities to the adjacent ALF makes this an easy & potentially very profitable development. The many complementary uses to ALF & Hospital are: Cancer Center, Dialysis, Psychological, Hearing Aid,etc. This site has the potential to support up to 60,000+-SF of Medical Bld(s) at only $14 psf of land cost to the bld(s) which is $35 below market! Don't miss out on this exceptional opportunity. Develop to lease out for long term income, condo units & sell to the tenants after all your depreciation has been taken for even higher returns.

  • Property Details
      • Lot Features5 to 10 Acres
      • Lot Description5 to 10 Acres
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • ZoningB3
  • Financial Details
      • Original List Price$799,900
      • Taxes Annual$20
  • Other
      • MLS #FX-10456340

Location

Steven GrossmanCompass
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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