8561 State Rd 44 Wildwood, FL 34785-8882
This exceptional 2.45-acre industrial property in Wildwood, Florida, presents a unique redevelopment opportunity. Located on State Road 44, just east of Morse Boulevard and directly across from The Villages, this site boasts over 1,000 feet of road frontage, ensuring maximum visibility for any business. The property's strategic location, opposite The Villages Lake Deaton Plaza, offers unparalleled access to a thriving consumer base. The existing structures, from a former mechanic shop, can potentially generate significant impact fee and water retention credits, streamlining the redevelopment process. Currently zoned Industrial by Sumter County, this property is not subject to the Joint Planning Agreement, meaning it falls under Sumter County's zoning and land development regulations, offering flexibility in potential uses. The 2,400 square foot building provides a solid foundation for a new development. While currently utilizing well and septic for utilities, water and sewer connections are not currently available. The property also features a prominent monopole billboard, further enhancing its visibility and marketing potential. This is a rare chance to establish a business in a high-growth area with excellent visibility and significant development advantages. Schedule a showing to explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.