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Outlined in blue is the 5-acre parcel between I-4 and Markham Woods Road, just north of West S.R. 434.
Outlined in blue is the 5-acre parcel between I-4 and Markham Woods Road, just north of West S.R. 434. (Seminole County Property Appraiser)

A 5-acre strip near Longwood fronting an Interstate 4 welcome station is going up for sale, after its former owner retook control from a church that couldn't follow through on construction plans.

Located just north of Exit 94 and bounded on the east by I-4 and the west by Markham Woods Road, the parcel belongs to IJH Enterprises, Inc., a Longwood company headed by investor Iman J. Hamzeh.

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IJH obtained the land from a church owner, Iglesia Renacimiento Cristiano Inc., through a warranty deed in lieu of foreclosure signed March 8, and recorded March 29 in Seminole County.

Details on the two separate projects, and how local general contractors can position themselves for the work.

Formerly known as Born Again Christian Church Inc. Assemblies of God, the church had signed a mortgage with IJH for more than $1.62 million in June 2005, according to Seminole County records. Church leaders opted to give the property back to IJH when they failed to get a construction loan for it, Hamzeh said.

Hamzeh is listing the property himself as of now, at a price of $1.8 million.

"There's nothing else over there so I think it's going to go up (in price)" said Hamzeh, who lives and works in Texas. "I hear it's growing around there."

The highway welcome area lies to the north of the property, with vacant land on its south end. Hamzeh said the service road that takes motorists back to the interstate from the rest stop passes the northeast corner of the property. The rest of the parcel fronts I-4.

Insight on the timelines, investment market factors that drew the major homebuilder to each property.

Hamzeh said he's open to subdividing the property into two. Access would be from Markham Woods Road, with the entry/exit road in the middle of the property to service both tracts.

The land is currently zoned for agriculture with a future land use designation of "suburban estates," according to marketing materials Hamzeh produced.

Have a tip about Central Florida development? Contact me at msalinero@outlook.com. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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