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    Lady Lake Church Property Title is generated by Realmo AI

    1055 & 1085 TEAGUE Trl, Lady Lake, FL 32159

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    For Sale
    $1,825,000

    Two buildings on 2.19 acres in Lady Lake area.

    Type:Commercial
    Property size:
    6,666 SF
    Lot size:
    2.19 Acres
    Price / SF:
    $273/SF
    Added:
    Apr 21, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 21 at 1:07 am

    Property Features for 1055 & 1085 TEAGUE Trl

    General Information

    Standard status
    Active
    Size
    6,666 SF
    Lot size
    2.19 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2012

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    Listing Contact
    Daniel Tatro

    Listing agent Daniel Tatro License #3190991

    Listing office GRIZZARD COMMERCIAL REALESTATE

    Listing date Apr 21, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of GRIZZARD COMMERCIAL REALESTATE

    HighLights

    • Located in the rapidly growing Lady Lake area, adjacent to The Villages.
    • Two buildings totaling 8,678+- Sq. Ft. suitable for various uses.
    • 2.19+\/- acre property with ample parking.
    • Main building (6,666+- Sq. Ft.) currently configured for church services and events, including a large hall, offices, and reception area.
    • Second building (2,012+- Sq. Ft.) ideal for youth groups, daycare, preschool, or offices.
    • Built in 2012.

    Overview

    This property features two buildings situated on approximately 2.19 acres in the Lady Lake area. The first building, spanning approximately 6,666 square feet, is currently configured for church services and events, including a large hall, offices, and a reception area. The second building, encompassing approximately 2,012 square feet, is suited for youth groups, a church daycare, a pre-school, or church offices. Both buildings offer potential for various other uses, such as professional offices, medical facilities, banquet halls, retail spaces, or a school/daycare. The property includes ample parking and is located in the growing Lady Lake corridor, adjacent to The Villages.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $166.4k $24.96
    − Vacancy −$29.9k −$4.49
    EGI $136.4k $20.47
    − OpEx −$34.1k −$5.12
    NOI $102.3k $15.35
    6,666 SF · lease $24.96/SF/yr · vacancy 18.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.46M
    $1.28M – $1.71M (±1% cap)
    NOI $102,326 @ 7.0% cap · market cap 5.61%
    Second Best
    Retail
    $1.08M
    $941.8K – $1.26M (±1% cap)
    NOI $75,340 @ 7.0% cap · market cap 4.13%
    Theoretical Best
    Office A
    $1.91M
    $1.67M – $2.23M (±1% cap)
    NOI $133,587 @ 7.0% cap · market cap 7.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lady Lake
    County
    Sumter
    State
    Florida
    Longitude
    -81.922937
    Latitude
    28.915101

    FAQs

    What type of property is this?
    Church & religious facility - Two buildings on 2.19 acres in Lady Lake area.
    Where is this church & religious facility located?
    The property is located at 1055 & 1085 TEAGUE Trl Lady Lake, FL.
    What is the asking price?
    The asking price for this property is $1,825,000.
    What are key features of this property?
    This property features: Located in the rapidly growing Lady Lake area, adjacent to The Villages.; Two buildings totaling 8,678+- Sq. Ft. suitable for various uses.; 2.19+\/- acre property with ample parking.
    More about this property
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