2. Appraisal

Community Redevelopment Agency Meeting · 2026-04-15 · agenda_item

The City of Apopka Community Redevelopment Agency (CRA) is planning to purchase a vacant parcel of land located at 205 E 8th Street in Apopka, Florida. This property is currently zoned Mixed Use with a Future Land Use designation of Industrial. The CRA intends to acquire this property to support future redevelopment and economic development initiatives, aligning with their master plan to assemble parcels for easier development. The purchase is planned for an amount not to exceed $156,000, based on an independent appraisal. This item is currently under review, with the CRA Board approving the purchase. The acquisition of this property is expected to lead to future development opportunities, potentially involving site preparation, construction, and related trades. Local contractors, suppliers, and service providers are encouraged to engage early to understand potential future needs as this project moves forward before specific plans, bids, and permits are finalized.

appraised value

156000 $

maximum purchase amount

156000 $