Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vacant Commercial Site For Sale Title is generated by Realmo AI

    849 County Road 466A, Fruitland Park, FL 34731

    View on Map
    Claim this Listing
    For Sale
    $498,000

    1.28 acre commercial site in a fast-growing area.

    Type:Land
    Lot size:
    1.28 Acres
    Added:
    Feb 17, 2026
    Days on Market:
    105
    Last Refresh:
    May 13 at 9:20 pm

    Property Features for 849 County Road 466A

    General Information

    Standard status
    Active
    Lot size
    1.28 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Michael Pederson

    Listing agent Michael Pederson License #3272610

    Listing office GRIZZARD COMMERCIAL REALESTATE

    Listing date Feb 17, 2026

    Source Compass

    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

    • Prime commercial location directly across from "Villages of Fruitland Park" and 1 mile from "Colony Plaza" in The Villages.
    • C‑2 (General Commercial) zoning suitable for medical, healthcare, professional office, retail, or restaurant use.
    • High traffic count of 17,500 (2024).
    • City sewer available along the property frontage on CR 466‑A.
    • Level, usable 1.28‑acre site with 225' of frontage.
    • City water access available across the street or 500' to the east.

    Overview

    This is a 1.28-acre vacant site situated on CR 466-A, directly across the street from "Villages of Fruitland Park" and 1 mile east of "Colony Plaza" in The Villages. The property is level and entirely usable, featuring 225 feet of frontage. It is zoned C-2 (General Commercial). City sewer runs along the front of the property on 466-A. City water is located across the street or 500 feet to the east on the same side of the street. This 1.28-acre site includes Alt Key #'s 2900041 and 1288096. The traffic count is 17,500 (2024). The adjoining 1.68 acres to the west is also for sale. Numerous sites to the west on 466-A next to The Villages are currently being developed. This location is suitable for a medical office, healthcare facility, professional office, retail space, or restaurant.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Auto Repair Shop Hair Salon Gym & Fitness Center Skin Care Clinic Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Fruitland Park
    County
    Lake
    State
    Florida
    Longitude
    -81.93829
    Latitude
    28.863214

    Nearby Similar for Sale

    • $599,990
      2,578 SF

      Restaurant Opportunity on Highway 441

      Fully equipped restaurant with high visibility and owner financing.
      3170 US HIGHWAY 441/27, FRUITLAND PARK, FL 34731
      View Details
    • $699,000

      Prime Commercial Land on US Highway

      1.27-acre commercial site with high visibility and mixed-use zoning.
      3131 US HIGHWAY 441 / 27, FRUITLAND PARK, FL 34731
      View Details
    • $699,900

      Land Ready For Development

      9.81 acre parcel ideal for RV or self-storage development.
      38020 CHERRY LAKE ROAD, FRUITLAND PARK, FL 34731
      View Details
    • $700,000
      12,588 SF

      Mixed-Use Property in Fruitland Park

      Commercial properties with high visibility in a growing Central Florida corridor.
      300 N DIXIE AVENUE, FRUITLAND PARK, FL 34731
      View Details
    • $799,000
      1,899 SF

      Versatile Commercial Land in Fruitland Park

      1.9-acre commercial land with C-2 zoning in Fruitland Park, Florida.
      35433 MICRO RACETRACK ROAD, FRUITLAND PARK, FL 34731
      View Details
    • $629,990

      Highway Restaurant Opportunity For Sale

      Commercial restaurant on Highway 441 with high visibility.
      3170 US HIGHWAY 441/27, Fruitland Park, FL 34731
      View Details
    • $489,000

      10 Acres in Fruitland Park

      10-acre parcel ideal for private estate or equestrian property.
      0 ROLLING ACRES ROAD, FRUITLAND PARK, FL 34731
      View Details
    • $190,000

      3.83 Acres in Fruitland Park

      Spacious property to build your dream home in Central Florida.
      Piney Ridge Boulevard, Fruitland Park, FL 34731
      View Details
    • $550,000

      Prime Commercial Land in Fruitland

      4 acres of C-2 zoned land in Fruitland Park.
      747 COUNTY ROAD 466A, Fruitland Park, FL 34731
      View Details
    • $115,000

      Lakefront Lot in Fruitland

      Residential lot with lake access in Royal Oak community.
      ROYAL OAK ROAD, FRUITLAND PARK, FL 34731
      View Details
    • $69,900

      Vacant Lot in Fruitland Park

      Buildable lot in established neighborhood, close to amenities.
      0 E FRUITLAND STREET, FRUITLAND PARK, FL 34731
      View Details
    • $65,000

      Fruitland Park Land Investment Opportunity

      Thirteen individual lots in Lake Myrtle Breezes, Fruitland Park.
      1104 MYRTLE BREEZES COURT, FRUITLAND PARK, FL 34731
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.28 acre commercial site in a fast-growing area.
    Where is this commercial land located?
    The property is located at 849 County Road 466A Fruitland Park, FL.
    What is the asking price?
    The asking price for this property is $498,000.
    What are key features of this property?
    This property features: Prime commercial location directly across from "Villages of Fruitland Park" and 1 mile from "Colony Plaza" in The Villages.; C‑2 (General Commercial) zoning suitable for medical, healthcare, professional office, retail, or restaurant use.; High traffic count of 17,500 (2024).
    (352) 787-6966
    We can help!
    Listing Contact
    Michael Pederson
    Real Estate License ID: 3272610
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    849 County Road 466A, Fruitland Park, FL 34731
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!