Excellent Corner Location for Commercial Development in Grand Island. This 4.2 acre corner (less right of ways +/-) boasts 520'+ of frontage on SR 44 at the ONLY SIGNALIZED INTERSECTION in Grand Island. Current Lake County zoning is CP with future land use of urban expansion. However, the City of EUSTIS has WAIVED ANNEXATION and COMP PLAN FEES along with WATER AND SEWER IMPACT FEES until APRIL 2020. With the City of Eustis annexation, future land use would be MCR, mixed use commercial and residential, which includes approved uses such as, but not limited to; GAS STATION W/ CONVENIENCE STORE, CAR WASH, RESTAURANT (with or without drive-through), FOOD AND BEVERAGE RETAIL, and CHURCHES / SCHOOLS. Owner will consider subdividing property. City of Eustis water at site. Electric at site. Dollar General next door has ingress approved for shared use.