$4,056,234

About this home

Prime Commercial/Residential Mixed-Use Development Site encompassing 135.66± acres with adjacent existing high-value industrial and retail along 1,500+ feet of CR 17A W frontage and 2,400 feet of frontage on N Gaster Road, near gated lakefront communities including Grand Oaks and low- and high-density residential communities, just minutes from US 27 high-traffic retail and close to major industrial employers like Nucor (the area’s highest-paying employer). Buy this one-of-a-kind site today with upside potential to expand the current industrial zoning and allow the seller to recoup up to all of your initial investment while residential demand increases from the new jobs created by expanding industrial uses—taking your potential profit with extremely low carrying costs. Or simply sell off the road frontage into 5–11 acre tracts while holding the northerly portion for the biggest potential return next to Lake Pythias. All property has water and sewer in place and a tremendous amount of road frontage on two sides, with prime developments at each end, making this a property surrounded by proven markets and successful businesses. Don’t miss out on this before it sells. MLS # 317362 The northeasterly adjacent 31 acres of lakefront can be purchased separately, which could tremendously enhance this investment even more.

Property details

MLS

Stellar MLS

MLS #

MFRL4959027

Property type

Land

Subdivision

N/A

Status

Active

Days on market

137

On market date

January 29, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

N/A

Parking spaces

N/A

Lot size

135.66 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.