Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Timbertop Ln Fruitland Park, FL 34731

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    68-acre mixed-use opportunity in Lake County

    Lot size:
    100,000 SF

    Property Features for 0 Timbertop Ln

    General Information

    Property type
    Multifamily properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    100,000 SF

    Spaces For Lease

    at 0 Timbertop Ln, Fruitland Park, FL 34731 Contact us

    We can help!

    Listing Contact
    Stacy Miller Menendez

    Listing Agency: Launch Pad Advisors, LLC Listing Agent: Stacy Miller Menendez

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

    Learn more

    Overview

    This exceptional 68-acre mixed-use development in Fruitland Park, Lake County, presents a unique investment opportunity. The project is planned in phases, with the initial phase encompassing a significant 19-acre commercial component. This area offers approximately 100,000 square feet of retail space, ideally suited for multiple tenants, including restaurants strategically positioned at the entry and waterfront locations. Four outparcels are also available. Complementing the retail space is a substantial 42-acre multifamily component, designed to accommodate approximately 453 garden-style apartments and townhomes. This phased approach allows for strategic growth and development. The property benefits from a shared traffic signal with the established Villages at Pine Ridge Park (approximately 2,100 homes), ensuring high visibility and convenient access, further enhanced by two additional access points. The entire project is currently 100% vacant, providing a blank canvas for a visionary developer. This prime location in Lake County offers significant potential for substantial returns. The property's size and strategic location make it an attractive investment for developers seeking a large-scale mixed-use project.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fruitland Park
    County
    Lake
    State
    Florida
    Longitude
    -81.9350383
    Latitude
    28.8615504

    Nearby Similar for Lease

    • Contact for pricing
      50,000 SF

      Prime Fruitland Park Retail Space

      50,000 SF Retail Center - Spaces Available
      466 A & Micro Racetrack Rd, Fruitland Park, FL 34731
      View Details
    • $18,000 /Mo

      Prime Commercial Office Space Available

      Highly visible office space for lease with flexible options.
      3360 Us Highway 441/27, Fruitland Park, FL 34731
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 68-acre mixed-use opportunity in Lake County
    Where is this multifamily property located?
    The property is located at Timbertop Ln Fruitland Park, FL.
    What are key features of this property?
    This property features: 68-acre mixed-use development in Lake County, Florida, with a phased rollout.; 19-acre commercial parcel featuring multiple restaurant sites at the entrance and waterfront; ~100,000 square feet planned for Phase 1.; 42-acre multifamily site planned for ~453 garden-style apartments and townhomes in Phase 1.
    (321) 303-0884
    Request Owner's contact information
    Timbertop Ln Fruitland Park, FL 34731
    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.
    Timbertop Ln
    Fruitland Park, FL 34731
    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
    Timbertop Ln Fruitland Park, FL 34731
    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
    Stacy Miller Menendez
    Real Estate License ID: BK3273415
    (321) 303-0884 (407) 919-6575
    Learn more
    Google sign-in failed. Please try again or use another login method.