North Lake County Residential Development Land

$3,100,000

33116 Radio Road, Leesburg, FL 34788

For Sale

Land Residential

Active

Last Updated: 09/25/2025

Details:

Lot Area: 45.6 acres

Offered by

Marvin Puryear

Senior Broker

SVN Saunders Ralston Dantzler Realty - SVN Saunders Real Estate

#BK3163836

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Highlights:

45 ± Acres (38 ± acres uplands)
Adjoining 17 acres (5.3 ac uplands) also available
SFR / Townhome/ MF Development Parcel
All utilities (city of Leesburg water/sewer, power, cable/phone) are at Radio Road with capacity (currently) for 150-200 lot development
Annexation into the City of Leesburg required
Development Engineering Available
Site Plan 144 units: 112 SFR, 32 Townhome
100' Easement to Radio Road
55' Easement Adjoins Lake Square Mall with direct access
Additional 18+/- Units Available with adjoining property

Description:

North Lake County Residential Development Property is a 45-acre residential development property, located just off US Hwy 441 in Leesburg and adjoining Lake Square Mall in Leesburg. All utilities (via city of Leesburg) are available and located on Radio Road, with current capacity for SFR development. Highest development densities would result from annexation into the City of Leesburg, which likely could yield a SFR Development of 4-5.5du /acre gross density for a total of 140-200 SFR lots with a mix of lot widths 50'/60'/70', all negotiable with the city of Leesburg. The property features a 55' dedicated easement adjoining and to the mall, and a 100' easement to Radio Road.
Previous developer site plan shows 144 units (56 60' lots, 56 50' lots, and 32 townhomes), All developer DD docs are available including engineering, environmental, surveys, site plan, etc. Utilizing the additional 17 acre (5.3 ac uplands) adjoining property would add approximately 18 SFR units and can be also utilized for access to the remaining properties.

Located in Leesburg and Tavares retail district, just off US Hwy 441 (AADT 37,000), and attached to the North side of the Lake Square Mall, with a 55' dedicated easement, and a 100' Easement to Radio Road. 16 miles to the Wekiva Parkway that accesses Orlando, Sanford, and the 429 (Orlando Beltway).

45 Acre Residential / MF Development Parcels just off of Hwy 441 and next to the Lake Square Mall, Leesburg. An adjoining 17 acres (5.3+/- acres uplands) also available.

At Radio Road

City of Leesburg

885' 100' Wide Easement to Radio Road and a 700' long 55' wide Easement to the Mall