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22699393
22699394

Hickory Tree Rd, St Cloud, FL 34772

MR
FL BK3103038
RockMel Investments
Listed by RockMel Investments
$1,295,000
1195 days on market
Updated 48 days ago

Old Hickory Tree Crossroads 13% Projected Cap

Details
Property Type Land
Sub Type Commercial
Broker Co-Op Yes
Acreage 1.670
Zoning OAC
Ownership Fee Simple

Old Hickory Tree Crossroads

Marketing description

RockMel Investments is pleased to offer Old Hickory Tree Crossroads consisting of 1.67+/- acres of prime commercial real estate in one of the fastest growing corridor of Osceola County in the City of Saint Cloud .Hickory Tree Crossroads is a Prime Corner Commercial Lot with Excellent Visibility on Hickory Tree & Old Hickory Tree Rd. Prime corner lot presents excellent visibility with 327” of frontage on Old Hickory Tree and 253” on Hickory Tree Road. Subject property is surrounded by National Track home builders such as Taylor Morrison, KB Homes, Pulte, Hanover, Park Square, Jones Homes who all are acquiring and developing land throughout this most sought after corridor of St. Cloud. New Developments are on the Rise as land is becoming scarce as the demand for homes in Florida continue to outpace developer’s inventory. Prelim Site Plan consisting of 15, 318/SF retail building with excellent visibility and great corner cut.. Projected rental rates of $30+/PSF.

The asset also benefits from the additional rooftops within Twin Lake community developed by Jones Homes with over 2000+ roof tops in the first two phases currently being constructed. Other points of interest include, 2.5 Miles to Downtown St. Cloud, 3 Miles to Walmart, 1.5 Miles to Publix, 25 Miles to Disney World & 30 Miles to Orlando.

This land is in the direct path of growth and property is developing all around the subject property. National Track home builders such as Lennar, DR. Horton, Pulte, Hanover, Park Square, Stellar Communities are acquiring and developing land throughout the corridor within the corridor of Hickory Tree Road & Nolte Road. New Developments are on the Rise as land is becoming scarce as the demand for homes in Florida continue to outpace developer’s inventory. The project would include an east-west road linking Hickory Tree Road to Old Hickory Tree Road. St. Cloud has seen a great intensity of track home builders take down land in the last couple of years as St. Cloud, is one of Fastest-Growing Towns in the nation, Ranked #9 Safest Cities in Florida (2019). Land is zoned NB with several commercial opportunities such as Medical Office, 20,000/SF of retail, Storage Facility, Veterinarian Clinic, Pre-School and other usages. Lot 2 known as Old Hickory Tree Crossroads is a prime commercial corner lot ±1.67 commercial acres in one of the fastest growing sector of Osceola County known as Saint Cloud.


Investment highlights

  • 1.67+ Acres prime corner commercial lot with 327” of frontage on Old Hickory Tree and 253' on Hickory Tree Road.

  • Limited Commercial on Hickory Tree yet so close to Nolte Road.

  • Excellent corner cut for Carwash, Pre-School, QSR, Bank, Medical office, Veterinary Clinic, Drive-through restaurant, Neighborhood Strip Center.

  • Come be apart of the major growth and expansion in this corridor. New Development just a block down from Havens Townhomes that has started leasing Townhomes units and the new Storage Facility is almost completed.

  • Seller Financing Available. Seller will hold paper with 50% down depending on buyer’s credit worthiness.

Listing Contacts

MR
FL BK3103038
RockMel Investments
Listed by RockMel Investments

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