Ground Lease Development Opportunity in the rapidly growing East Lake Toho area of St. Cloud, directly off the Florida Turnpike and Old Canoe Creek Road. The 3.26± AC site is development-ready — filled, with off-site retention, and utilities stubbed to the site and running along Old Canoe Creek Road. Located less than 3± miles from the County’s first approved master-planned community featuring a Crystal Lagoon amenity, 2,818 planned homes, and a future K-8 charter school. The immediate area boasts over 19,000± new residential units planned or under construction, driving significant demand for commercial uses.
Highlights
Site has been Filled, Retention Handled Off-Site, and Utilities run along Old Canoe Creek
Massive Development in Immediate Area | 19K+ New Rooftops in Various Stages of Development
Strategically positioned on the east (work-bound) side of the roadway for optimal commuter traffic exposure
Desirable 'HB' Zoning Allows for Several Uses - Including C-Stores / Gas, Retail, Restaurants, Hotel, Grocer & Multi-Family
St. Cloud named 2nd Fastest Growing City in US (2020 Census)
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
