Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1049 E Myers Blvd Mascotte, FL 34753

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $800,000

    High-visibility commercial property suitable for manufacturing, distribution, or automotive services.

    Lot size:
    0.84 Acres

    Property Features for 1049 E Myers Blvd

    General Information

    Lot size
    0.84 Acres

    Building Details

    Year built
    1985

    We can help!

    Listing Contact
    Alyssa Rodriguez
    Alyssa Rodriguez
    Source: Cbcworldwide

    Listing Agency: COLDWELL BANKER HUBBARD HANSEN Listing Agent: Alyssa Rodriguez

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

    Learn more

    Overview

    Mascotte Commercial Property on SR 50

    Located in Mascotte, Florida, this commercial property offers a strategic industrial opportunity. The parcel spans approximately 0.83 acres and includes a 2,800 sq ft building, suitable for manufacturing, distribution, flex-use, or automotive service operations. The property is positioned on State Road 50 (E. Myers Blvd), providing highway frontage and visibility, with ingress and egress for trucks and commercial vehicles. This east-west corridor connects to the Orlando, Kissimmee, and Sanford logistics market, offering connectivity for regional distribution. The surrounding area is experiencing demographic and economic growth, with projections indicating a population increase in Mascotte. Lake County is identified as a major growth zone for residential and non-residential development, attracting logistics, manufacturing, and distribution uses due to its transportation network. The location provides access to the Orlando-Metro industrial and logistics market via Lake County's growth belt. The property offers frontage on a heavily trafficked state highway, a well-sized industrial parcel in a low-density environment, and immediate usable space with potential for expansion or redevelopment. It is suited for a business, owner-user, or long-term investor looking to capitalize on Central Florida's expansion.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant 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
    Mascotte
    County
    Lake
    State
    Florida
    Longitude
    -81.8731631
    Latitude
    28.5661117

    Nearby Similar for Sale

    • New
      $750,000
      1,170 SF

      Turnkey Auto Body Shop For Sale

      Fully operational auto body shop with highway frontage in Central Florida.
      10 Barry Ave, Mascotte, FL 34753
      View Details
    • $750,000
      1,170 SF

      Turnkey Auto Body Shop SR-50

      Fully operational auto body shop on high-traffic SR-50.
      10 Barry Ave, Mascotte, FL 34753
      View Details
    • $800,000

      Industrial Property on Myers Blvd

      Industrial property available for sale in Mascotte, Florida.
      1049 E Myers Blvd, Mascotte, FL 34753
      View Details
    • $699,000
      1 SF

      Renovated Commercial Property on State Road

      Versatile, renovated commercial property with frontage on State Road 50.
      114 W Myers Blvd, Mascotte, FL 34753
      View Details
    • $750,000
      1,906 SF

      Mascotte Mixed-Use Business Opportunity

      Body Shop with Huge Growth Potential
      10 Barry Ave, Mascotte, FL 34753
      View Details

    FAQs

    What type of property is this?
    Flex space - High-visibility commercial property suitable for manufacturing, distribution, or automotive services.
    Where is this flex space located?
    The property is located at 1049 E Myers Blvd Mascotte, FL.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - High-visibility location directly on State Road 50 (E. Myers Blvd) with exceptional highway frontage; - Strategic location in Mascotte, Florida (Lake County), part of the rapidly growing Orlando-Metro industrial/logistics market; - Approximately 0.83 acres suitable for manufacturing, distribution, flex-use, or automotive service operations
    (407) 802-7798
    Request Owner's contact information
    1049 E Myers Blvd Mascotte, FL 34753
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1049 E Myers Blvd
    Mascotte, FL 34753
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1049 E Myers Blvd Mascotte, FL 34753
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Alyssa Rodriguez
    Alyssa Rodriguez
    Real Estate License ID: SL3434034
    (407) 802-7798 (352) 227-3340 (352) 394-4031
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!