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.
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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 makes 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.
About SVN | Saunders Ralston Dantzler
SVN | Saunders Ralston Dantzler Real Estate is a full-service land and commercial real estate brokerage representing buyers, sellers, investors, institutions, and landowners since 1996. The firm is nationally recognized as an authority on all types of land and commercial real estate, including agriculture, ranch, recreation, timber, and development, as well as office, retail, industrial, and multifamily properties. Services include brokerage and advisory, land consulting and entitlement, land management, commercial property management, leasing and tenant representation, site selection, property valuation, data-driven market reports, and conservation easement negotiation. With an extensive team of real estate advisors located throughout the Southeast and offices in Florida, Georgia, and Arkansas, SVN | Saunders Ralston Dantzler Real Estate has the knowledge and resources available to help clients realize their real estate investment goals.