Groveland, Florida Commercial Real Estate 0 Listings

Groveland, Florida: A Premier Destination for Commercial Real Estate

Introduction

Groveland, Florida, is an emerging hub for commercial real estate (CRE) located in Lake County. With a growing population and a strategic position near major transportation routes, Groveland offers a promising landscape for CRE professionals. The economy is diverse, featuring sectors such as logistics, agriculture, and light manufacturing. Groveland's unique positioning and local initiatives make it an attractive destination for investors and developers seeking to capitalize on burgeoning opportunities in the region.

Economic and Industry Overview

Groveland's economy is driven by key industries including logistics, agriculture, and light manufacturing. These sectors create a robust demand for various commercial property types such as industrial spaces, warehouses, and distribution centers. Local economic development initiatives, like those spearheaded by the Lake County Economic Development Agency aim to attract and support businesses, further bolstering the city's CRE market.

Strategic Location and Transportation Infrastructure

Groveland's strategic location is enhanced by its proximity to major highways such as U.S. Route 27 and Florida's Turnpike, facilitating efficient transportation and logistics operations. The city is also within reach of Orlando International Airport, providing excellent access to domestic and international markets. The transportation infrastructure is complemented by nearby rail lines, offering significant logistical advantages for distribution and access to a skilled labor pool. For more information, visit the Florida Department of Transportation.

Commercial Real Estate Inventory & Zoning

Groveland boasts several CRE submarkets, including its Central Business District (CBD) and emerging industrial corridors. Key asset classes in the city comprise industrial, retail, flex, and office spaces. Recent zoning changes and overlays have been introduced to encourage development, with incentives available for developers. For more details, explore the City of Groveland Zoning Map.

Major Employers and Institutions

Groveland is home to leading employers such as Cherry Lake Tree Farm and Niagara Bottling, which drive demand for commercial real estate. The city also benefits from proximity to educational institutions like Lake-Sumter State College. These organizations contribute significantly to the local economy and CRE market. Additional information can be found in the Lake County Business Directory.

Notable Commercial Developments & Projects

Several large-scale development projects are underway in Groveland, including mixed-use developments and innovation parks. The city's involvement in Opportunity Zones and public-private partnerships further enhances its appeal to investors and developers. For planning documents and site maps, visit the Groveland Planning Department.

Building Permits, Planning, and Development Tools

Groveland provides a range of resources for developers, including:

Market Data & Economic Reports

Public data sets, such as those from census.gov and Groveland's open data portal, offer valuable insights into the city's economic landscape. Brevitas utilizes AI-powered aggregation from these public sources and internal insights, providing comprehensive market data. Explore Brevitas-powered dashboards for Groveland here.