This 130± acre development site is in the core of tourist commercial activity near Walt Disney World, Reunion, Westgate, Four Seasons, Legacy Place and Celebration. There is currently access at the NE corner at Sand Hill Road, a fully improved, signalized intersection, together with two additional improved curb cut accesses and utility availability all along Old Lake Wilson Road. Zoning is Commercial Tourist (CT), the most intense zoning permitted in Osceola County.
HIGHEST AND BEST USE
The site’s highest and best uses are virtually unlimited. The signalized hard corner and the improved road frontage seem to offer many potential high-value uses such as resort hotel, restaurants, grocery-anchored retail, medical and whatever will produce best aggregate value for the landowner. There is no land debt, with singular ownership dating to 1982. Residential, short term rental or timeshare of virtually any density can be approved and, with permit modification, permitted. Future development may be phased and pursued by multiple developers.
- Property Type
Land
- Submarket
- Zoning
Commercial Tourist (CT)
- Property ID
1994027
