4320 Hickory Tree Road
- Residential development
- Paved road frontage
- Investment opportunity
Property Description
Currently an active nursey with facilities in place, this nearly 27-acre tract of land is directly in the path of progress with D.R. Horton's brand new "Buena Lago" community being developed directly across the street on Alligator Lake. This new community is coming in the Summer of 2022. Alligator Lake is a stone's throw away, with a public boat ramp less than a mile from the property along canal C-33, which provides access to the 3,406-acre lake. Home to numerous species of native fish, including but not limited to largemouth bass, bluegill, crappie, and sunfish - the fishing on this lake is spectacular. The property itself has nearly 800 feet of paved road frontage on both Hickory Tree Road and Story Road. Due to incoming residential development, water and sewer will be available in the near future. Facilities on-site include a single-family home, a mobile home, and numerous barns and pole barns that support the current nursery operation. The surrounding land use is a combination of mixed-use and low-density residential, allowing a multitude of options for a future developer, or someone looking to land bank property in the path of progress. The parcel identified is within West NH11, which is part of the transition area and subject to the 50-acre aggregation requirement. Additionally, the parcel is identified as a Neighborhood 1 (NH1) place type which requires a predominance of detached products and a minimum density of 5 units/acre to a maximum density of 10 units/acre.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $6,690,000 |
| Lot Size: | 26.76 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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