Remodeled Corner
401 N DIXIE AVENUE, Fruitland Park, FL 34731
For Sale
$299,900
Pending
C-1-zoned storefront with updated systems, new parking, and access improvements at a signalized commercial intersection.
Property Size1,100 SF
Days on Market50
Property Features for 401 N DIXIE AVENUE
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Corner Location
Road Access
Building Details
Year Built
Year Renovated
Listing Agency:
ALL FLORIDA HOMES REALTY LLC
(352) 789-5083
Listed By:
Nichole Roberts · License FL #3145616
(352) 239-2485
Source:
Dennisrealty
Added: Sep 21
Changed: Nov 8
Last Checked: Nov 8 at 6:46AM
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 ALL FLORIDA HOMES REALTY LLC
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Investment Insights
Based on property information with market context.
This 1,100-square-foot storefront at 401 N Dixie Ave in Fruitland Park has been updated for commercial occupancy. Improvements completed in 2025 include a new parking lot, handicap-accessible ramp, electrical system, and A/C. Additional work includes plumbing upgrades, interior paint, flooring, cabinets, and granite countertops. The roof is estimated to date from 2017.
The property occupies a corner at a signalized intersection along a main corridor leading to The Villages. C-1 zoning and direct corridor exposure support a range of commercial business uses, subject to applicable approvals.
The property occupies a corner at a signalized intersection along a main corridor leading to The Villages. C-1 zoning and direct corridor exposure support a range of commercial business uses, subject to applicable approvals.
Key Highlights
- 1,100‑square‑foot storefront at 401 N Dixie Ave, Fruitland Park, FL
- C‑1 zoning
- Signalized corner intersection along a main corridor leading to The Villages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,015
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,300
$260.3K
Cap Rate 7%
$185,929
$185.9K
Cap Rate 9%
$144,611
$144.6K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$19.8K $18.00/SF
− Vacancy
−$1.2K −$1.10/SF
EGI
$18.6K $16.90/SF
− OpEx
−$5.6K −$5.07/SF
NOI
$13.0K $11.83/SF
Area
Lake County, FL
Vacancy
6.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,300
Cap Rate 7%
$185,929
Cap Rate 9%
$144,611
Alternative Uses
Best Use
Retail
$185.9K
$162.7K – $216.9K
NOI $13,015 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$354.7K
$310.4K – $413.8K
NOI $24,829 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 13%
Circle K
Shops & Services
11,967 visits/mo
0.0 miles
Family Dollar
Shops & Services
5,461 visits/mo
0.1 miles
Little Caesars Pizza
Dining
2,779 visits/mo
0.0 miles
FedEx Office Print & Ship Center
Shops & Services
1,530 visits/mo
0.3 miles
Demographics for 34731, FL
12,111
Population
6,370
Households
1.9
Avg Household Size
50
Median Age
17%
College-Educated
95%
High-School Grad
15.8 sq mi
ZIP Area
767
Density / Sq Mi
$63,329
Median Household Income
$36,057
Median Earnings
$1,157
Median Rent
$185,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Lake County, FL
Properties on Market for Storefront properties in Lake County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - C-1-zoned storefront with updated systems, new parking, and access improvements at a signalized commercial intersection.
Where is this storefront property located?
The property is located at 401 N DIXIE AVENUE Fruitland Park, FL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,100‑square‑foot storefront at 401 N Dixie Ave, Fruitland Park, FL; C‑1 zoning; Signalized corner intersection along a main corridor leading to The Villages
