GROVELAND, FL-Electronics firm pays $35,000 per acre in Lake County industrial park, 30 miles west of Downtown Orlando where comparable dirt goes for $100,000 per acre.
The price equates to $35,000 per acre or 80 cents per square foot. Comparable land in Orlando goes for $100,000 psf or $2.30 psf. Park tenants include Goodyear, Domino's Pizza, Carroll Fulmer & Co. Inc. and Maritec Industries.
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