000 Hwy 70, Arcadia, FL 34266

JUST UNDER 100 ACRES LOCATED 2 MILES EAST OF ARCADIA COMMERCIAL AREA. PROPERTY HAS FRONTAGE ON SE HWY 70 AND LIMITED FRONTAGE ON TOWNSEND AVENUE. PROPERTY WAS PREVIOUSLY A CITRUS GROVE AND MOST RECENTLY USED FOR TRUCK FARMING. IT HAS AN 8" & 6" PERMITTED WELLS WITH PERMIT EXPIRING NOVEMBER 2015. THIS PROPERTY HAS AN FPL EASEMENT(110') AND A 50' FLORIDA GAS TRANSMISSION EASEMENT RUNNING NORTH AND SOUTH ALONG THE WESTERLY SIDE OF PROPERTY. THE 16 ACRE PARCEL FRONTING ON SE HWY 70 HAS DESIGNATED USE OF "NEIGHBORHOOD MIXED "AND THE 80 ACRE PARCEL USE" IS LOW DENSITY RESIDENTIAL", HOWEVER BOTH WITH NEED A ZONING CHANGE TO INCREASE DENSITY FROM THE A-5 ZONING. THE EASTERLY PORTION OF THE PROPERTY RUNS ALONG A SMALL CREEK AND IS IN A DESIGNATED "AE FLOOD ZONE. THIS PROPERTY LENDS ITSELF TO MANY USES BUT PROBABLY BEST SUITED FOR AGRICULTURE.