2.4 acres with 400' frontage on 4-laned Chapman Road located at full access median cut. Site includes 121 W. Chapman Road and 175 W. Chapman Road with potential for offsite improvements on the lots to the east of this site. Site is part of a planned 5.25-acre mixed-use development. Zoned OC - mixed use allows 24 residential units / acre for total 56 units. For smaller investors, owner willing to sell sites individually for a possible 34-unit development and 22-unit development. Owner is currently working with the City of Oviedo to create a mixed-use development. Owner is also working with Seminole County for access to sewer (across street). Seminole County water located at front of site. 2 homes located on property are currently leased month to month for $4,000 per month.
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