Pre-Leasing Flex
7835 American Way, Groveland, FL 34736
For Sale
Contact for pricing
Units can be pre-leased by contractors, service companies, and light industrial users.
Property Size36,000 SF
Days on Market97
Property Features for 7835 American Way
General Information
Standard status
Size
Property subtype
Lease Term
Building Details
Building Size
Year Built
Properties For Sale
at 7835 American Way Contact us| Name | Size | Type | Rate | Availability | |
|---|---|---|---|---|---|
| Suite 1 | 2,940 SF | Flex Space | — | — | Contact us |
| Suite 10 | 1,500 SF | Flex Space | — | — | Contact us |
| Suite 11 | 3,000 SF | Flex Space | — | — | Contact us |
| Suite 12 | 1,500 SF | Flex Space | — | — | Contact us |
| Suite 13 | 1,500 SF | Flex Space | — | — | Contact us |
| Suite 14 | 1,500 SF | Flex Space | — | — | Contact us |
| Suite 15 | 1,500 SF | Flex Space | — | — | Contact us |
| Suite 16 | 2,784 SF | Flex Space | — | — | Contact us |
| Suite 2 | 1,500 SF | Flex Space | — | — | Contact us |
| Suite 3 | 1,500 SF | Flex Space | — | — | Contact us |
| Suite 4 | 1,500 SF | Flex Space | — | — | Contact us |
| Suite 5 | 1,500 SF | Flex Space | — | — | Contact us |
| Suite 6 | 3,000 SF | Flex Space | — | — | Contact us |
| Suite 7 | 1,500 SF | Flex Space | — | — | Contact us |
| Suite 8 | 4,500 SF | Flex Space | — | — | Contact us |
| Suite 9 | 4,500 SF | Flex Space | — | — | Contact us |
Show all 16 spaces
Listing Agency:
First Capital Property Group
Listed By:
Bryan Richardson · License FL SL3528439
(407) 872-0177
Source:
Fcpg
Added: Aug 8
Changed: Nov 10
Last Checked: Nov 10 at 6:04AM
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 First Capital Property Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space property includes units available for pre-leasing, with configurations ranging from 1,500 to 4,500 square feet. The available space is identified for contractors, service companies, and light industrial users.
The property is located at 7835 American Way in Groveland, Florida 34736, with a 2027 year built designation.
The property is located at 7835 American Way in Groveland, Florida 34736, with a 2027 year built designation.
Key Highlights
- Pre‑leasing opportunities for contractors, service companies, and light industrial users
- Unit sizes range from 1,500 to 4,500 SF
- 2027 year built designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$186,740
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,734,800
$3.7M
Cap Rate 7%
$2,667,714
$2.7M
Cap Rate 9%
$2,074,889
$2.1M
Market Conditions
NOI Build-Up for 36,000 SF
Gross rent
$315.4K $8.76/SF
− Vacancy
−$28.1K −$0.78/SF
EGI
$287.3K $7.98/SF
− OpEx
−$100.6K −$2.79/SF
NOI
$186.7K $5.19/SF
Area
Lake County, FL
Vacancy
8.90%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,734,800
Cap Rate 7%
$2,667,714
Cap Rate 9%
$2,074,889
Alternative Uses
Best Use
Industrial
$2.87M
$2.51M – $3.35M
NOI $201,105 @ 7.0% cap
Second Best
Flex RnD
$2.67M
$2.33M – $3.11M
NOI $186,740 @ 7.0% cap
Theoretical Best
Office A
$11.61M
$10.16M – $13.54M
NOI $812,592 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 34736, FL
24,679
Population
10,029
Households
2.5
Avg Household Size
41
Median Age
32%
College-Educated
87%
High-School Grad
115.0 sq mi
ZIP Area
215
Density / Sq Mi
$82,478
Median Household Income
$42,322
Median Earnings
$1,535
Median Rent
$335,300
Median Home Value
Market
Average Price Trend$/SF for Flex space in Lake County, FL
Properties on Market for Flex space in Lake County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Units can be pre-leased by contractors, service companies, and light industrial users.
Where is this flex space located?
The property is located at 7835 American Way Groveland, FL.
What are key features of this property?
This property features: Pre‑leasing opportunities for contractors, service companies, and light industrial users; Unit sizes range from 1,500 to 4,500 SF; 2027 year built designation
