|LAKELAND, FL, January 19, 2022 – SVN | Saunders Ralston Dantzler Real Estate is pleased to announce that they have been retained as the exclusive real estate advisor for the 5,849-acre Corrigan Ranch in Indian River County. The property is located just ½ mile north of the I-95/SR60 interchange and is part of the City of Fellsmere with substantial Future Land Use Entitlements including up to 9,300 housing units and up to 998 acres of Commercial and Industrial uses. |
The entire Corrigan Ranch is a legacy property that encompasses 8,845 ± acres, bisected by I-95, making it the largest, privately owned, undeveloped tract adjacent to I-95 in Southern Florida. This offering includes the portion of the property located west of I-95 and offers tremendous exposure from four miles of frontage.
The property is co-listed by Dean Saunders, Founder & Managing Director, and Jeff Cusson, Senior Advisor and lifelong resident of the area. “The outstanding location of this property and significant entitlements creates a rare opportunity for development”, said Dean Saunders, ALC, CCIM.
The property’s 2015 annexation into the City of Fellsmere provided a tremendous framework for a future community that preserves much of the natural beauty of the land while providing for the future growth of the area. The property’s 746 acres of Industrial land is one of the largest contiguous parcels of the type in the state. This ideal location provides easy access to SR60, which bisects the state from Vero to Tampa, and I-95 which traverses the entire east coast. With over 15,000 million people within a 150-mile radius, the property provides an ideal location for serving the growing needs of Central and South Florida.
Indian River County is one of the wealthiest counties in the state, with a population of 165,000 that has grown 30% faster than the state average over the past ten years. The property is 1 hour and 20 minutes away from the Orlando International Airport, 40 minutes to the Melbourne Orlando International Airport, and 1 hour and 10 minutes to the Palm Beach International Airport. 25 minutes east of the property there are area beaches and related amenities.
Jeff Cusson, CCIM added, “Property of this size, beauty, and desired location doesn’t go on the market often. The entitlements provided by the annexation make this property a legacy project for any buyer.”
SVN | Saunders Ralston Dantzler Real Estate will be accepting the highest and best offers until 5:00 pm EST on February 18, 2022. Interested parties can find additional details on the listing at svnsaunders.com/corrigan.
|ABOUT SVN | SAUNDERS RALSTON DANTZLER REAL ESTATE SVN | Saunders Ralston Dantzler Real Estate is a full-service land and commercial real estate brokerage with almost $4 billion in transactions representing buyers, sellers, investors, institutions, and landowners since 1996. We are recognized nationally as an authority on all types of land including agriculture, ranch, recreation, residential development, and international properties. Our commercial real estate services include marketing, property management, leasing and tenant representation, loan sales, valuation, advisory, and counseling services for office, retail, industrial, and multi-family properties. With over 60 expert advisors located in Florida and Georgia, we provide proven leadership and collaborative expertise backed by the strength of the SVN® global platform.|