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    Tbd Monroe St & Georgia Ave Astatula, FL 34705

    Sponsored
    For Sale
    $1,150,000

    2.54 Acres, 20,000 SF Potential

    Property size:
    20,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2.54-acre mixed-use commercial lot in Astatula, Florida, presents a unique investment opportunity. Located at the intersection of Monroe Street and Georgia Avenue, this C-1 zoned property offers significant potential for development. Previously approved for a 20,000-square-foot building, the property now benefits from readily available water and sewer access, with a fully operational sewer plant anticipated by Fall 2024. This access is provided via a private sewer system from the Tula Parc subdivision. High-speed fiber optic internet is available adjacent to the parcel, courtesy of OpticalTel. The property's zoning allows for a multitude of commercial uses, including retail, office, flex space, office/warehouse, church facilities, and laundromats, among others. Astatula's projected population growth of over 50% in 2024 and 2025 creates a strong market for commercial ventures. This is the eastern portion of parcel ID 29-20-26-0100-00A-00600, and a new parcel ID is pending with the Lake County Property Appraiser. Seller financing is available, making this an attractive proposition for developers and investors seeking a prime location in a rapidly growing community. The property's size and zoning flexibility provide ample room for creativity and diverse business opportunities. Don't miss this chance to capitalize on Astatula's burgeoning growth.

    Property Features for Tbd Monroe St & Georgia Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    20,000 SF
    Lot Size
    110,642 SF

    Building Details

    Year Built
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Astatula
    County
    Lake
    State
    Florida
    Longitude
    -81.73309
    Latitude
    28.72094

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    FAQs

    What type of property is this?
    Mixed-use property - 2.54 Acres, 20,000 SF Potential
    Where is this mixed-use property located?
    The property is located at Tbd Monroe St & Georgia Ave Astatula, FL.
    What is the asking price?
    The asking price for this property is $1,150,000.
    (844) 852-2020
    Request Owner's contact information
    Tbd Monroe St & Georgia Ave Astatula, FL 34705
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    Astatula, FL 34705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tbd Monroe St & Georgia Ave Astatula, FL 34705
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