RaceTrac Portfolio
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RaceTrac Portfolio
8 Land Properties in Multiple Locations
Virtual Tour
Investment Highlights
- Acquire up to eight development sites throughout Florida in major commercial corridors boasting significant economic growth and roadway visibility.
- Further invest and develop in thriving Jacksonville, Milton, Pompano Beach, Lakeland, North Port, Minneola, and Weeki Wachee.
- For commercial retail and office, residential, and industrial use, the land offers flexibility to various company's seeking prime visibility.
- Offering approximately 38.25 acres of commercial land, with 19.83 acres located in Homosassa along US Hwy 19, a short drive to Florida Toll Road 589.
- Florida's booming economy continues to drive an increase in consumer spending and employment, making this a strategic investment opportunity.
Executive Summary
Discover a rare investment opportunity to acquire up to eight exclusive development sites across Florida. Available for individual or bulk purchase, these sites total 38.24 acres and offer strategic locations for significant commercial projects. These tracts of land provide unparalleled flexibility for commercial retail and office, residential, and industrial uses, attracting discerning businesses and developers across various industries.
Among these is a 19.83-acre parcel near Homosassa's coveted Sugar Hills community, prominently positioned along US Highway 19, minutes from Florida Toll Road 589. This prime site is between major retail hubs with anchors like Publix and Walmart Supercenter in a rapidly growing area of Citrus County, boasting above-average incomes.
Another notable pad site includes a 7.58-acre tract in Minneola, part of Orlando's Metropolitan Statistical Area (MSA). This site offers a hard, signalized corner along Lake County's dominant US Highway 27, strategically positioned near the Florida Turnpike. This location is a pivotal hub between Ocala to the north and Orlando, less than half an hour's drive south.
Additionally, the portfolio features six additional lots ranging from 0.51 to 3.5 acres in the significant commercial corridors of Jacksonville, Milton, Pompano Beach, Lakeland, North Port, and Weeki Wachee. These parcels are placed within the major MSAs of Miami-Fort Lauderdale-Pompano Beach, Tampa-St. Petersburg-Clearwater, Pensacola-Ferry Pass-Brent, Jacksonville, and North Port-Sarasota-Bradenton, ensuring high visibility and traffic counts.
Florida's robust economy is expected to expand significantly through 2024, growing twice the national rate. Employment figures have consistently outpaced the rest of the nation for several years. This presents an exceptional opportunity to capitalize on these strategically positioned pad sites, which are ideal for commercial development in some of the state's fastest-growing regions. Seize the opportunity to invest in Florida's flourishing economy and secure stakes in these prime development opportunities.
Among these is a 19.83-acre parcel near Homosassa's coveted Sugar Hills community, prominently positioned along US Highway 19, minutes from Florida Toll Road 589. This prime site is between major retail hubs with anchors like Publix and Walmart Supercenter in a rapidly growing area of Citrus County, boasting above-average incomes.
Another notable pad site includes a 7.58-acre tract in Minneola, part of Orlando's Metropolitan Statistical Area (MSA). This site offers a hard, signalized corner along Lake County's dominant US Highway 27, strategically positioned near the Florida Turnpike. This location is a pivotal hub between Ocala to the north and Orlando, less than half an hour's drive south.
Additionally, the portfolio features six additional lots ranging from 0.51 to 3.5 acres in the significant commercial corridors of Jacksonville, Milton, Pompano Beach, Lakeland, North Port, and Weeki Wachee. These parcels are placed within the major MSAs of Miami-Fort Lauderdale-Pompano Beach, Tampa-St. Petersburg-Clearwater, Pensacola-Ferry Pass-Brent, Jacksonville, and North Port-Sarasota-Bradenton, ensuring high visibility and traffic counts.
Florida's robust economy is expected to expand significantly through 2024, growing twice the national rate. Employment figures have consistently outpaced the rest of the nation for several years. This presents an exceptional opportunity to capitalize on these strategically positioned pad sites, which are ideal for commercial development in some of the state's fastest-growing regions. Seize the opportunity to invest in Florida's flourishing economy and secure stakes in these prime development opportunities.
Sale Flyer
Property Facts
| Sale Conditions | Bulk/Portfolio Sale | Number of Properties | 8 |
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Land Area | 38.24 AC |
| Sale Conditions | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Land Area | 38.24 AC |
Properties
| Property Name / Address | Property Type | Land AC | Land SF | Individual Price |
|---|---|---|---|---|
| 9410 Cortez Blvd, Weeki Wachee, FL 34613 | Land | 3.50 AC | 152,460 SF | - |
| 12580 Tamiami Trl S, North Port, FL 34287 | Land | 3.00 AC | 130,680 SF | - |
| 8320 S Suncoast Blvd, Homosassa, FL 34446 | Land | 19.83 AC | 863,795 SF | - |
| US Hwy 27 & 561, Minneola, FL 34715 | Land | 7.58 AC | 330,185 SF | - |
| 7815 New Tampa Hwy, Lakeland, FL 33815 | Land | 1.46 AC | 63,598 SF | - |
| Hwy 90, E of Keyser St @ Keyser St, Milton, FL 32570 | Land | 1.12 AC | 48,787 SF | - |
| 5948 Arlington Expy, Jacksonville, FL 32211 | Land | 0.51 AC | 22,216 SF | - |
| 2851 W Atlantic Blvd, Pompano Beach, FL 33069 | Land | 1.24 AC | 54,014 SF | - |
Sale Advisor
Sale Advisor
Paul Rutledge, Senior Broker Associate
(941) 228-2198
Contact
Paul Rutledge joined the ranks of LQ Commercial in Spring 2024, bringing 35 years of highly visible brokerage and marketing ingenuity to the Tampa team.
He arrives, poised to revolutionize retail, through exemplary service and resources. With LQ, he adds an entrepreneurial boost of creativity and nimble decision-making.
His pedigree sparkles with marquees operators who run the retail gamut – Publix, Bealls, Home Depot, Lowe’s, Ross, TJ Maxx, Wells Fargo, Panera Bread, Chili’s, Starbucks…
Key leasing endeavors include the 185,705 SF, $20M “City Centre” redevelopment in Winter Haven and the $100M, 1M SF “Pompano Citi Centre” open-air mall in South FL.
While he deftly shepherds through site selections, development and large-scale leasing, as well as portfolio acquisitions / dispositions, his client-centrism is prefaced by a down-to-earth personality.
Prior to joining LQ, Paul served as Senior Vice President of JLL and First Vice President at CBRE. His industry roots stem even further as former Chief Operating Officer at Casto, and Partner of Trammell Crow.
A proud USF “Bull” and dedicated patron to communal outreach, Paul’s philanthropy extends from his Manatee-County home base to beyond the U.S.
He is a charter member of the non-profit group “Palmetto Society” for the Arts, Culture, History and Education. He is also actively engaged in development work in the Dominican Republic.
Paul is a leader on all fronts, serving on the Manatee County Board and with the International Council of Shopping Centers (ICSC).
For this exemplary leadership (and commitment to community engagement), Paul was invited to join the ranks of Phi Beta Sigma fraternity’s Tampa Chapter, a prestigious brotherhood upholding service and cultural awareness.
He arrives, poised to revolutionize retail, through exemplary service and resources. With LQ, he adds an entrepreneurial boost of creativity and nimble decision-making.
His pedigree sparkles with marquees operators who run the retail gamut – Publix, Bealls, Home Depot, Lowe’s, Ross, TJ Maxx, Wells Fargo, Panera Bread, Chili’s, Starbucks…
Key leasing endeavors include the 185,705 SF, $20M “City Centre” redevelopment in Winter Haven and the $100M, 1M SF “Pompano Citi Centre” open-air mall in South FL.
While he deftly shepherds through site selections, development and large-scale leasing, as well as portfolio acquisitions / dispositions, his client-centrism is prefaced by a down-to-earth personality.
Prior to joining LQ, Paul served as Senior Vice President of JLL and First Vice President at CBRE. His industry roots stem even further as former Chief Operating Officer at Casto, and Partner of Trammell Crow.
A proud USF “Bull” and dedicated patron to communal outreach, Paul’s philanthropy extends from his Manatee-County home base to beyond the U.S.
He is a charter member of the non-profit group “Palmetto Society” for the Arts, Culture, History and Education. He is also actively engaged in development work in the Dominican Republic.
Paul is a leader on all fronts, serving on the Manatee County Board and with the International Council of Shopping Centers (ICSC).
For this exemplary leadership (and commitment to community engagement), Paul was invited to join the ranks of Phi Beta Sigma fraternity’s Tampa Chapter, a prestigious brotherhood upholding service and cultural awareness.
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Paul Rutledge -
LandQwest Commercial
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