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    448 & Cr 561 Tavares, FL 32778

    Sponsored
    For Sale
    $3,000,000

    9.2 Acres, Heavy Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.2-acre industrial land parcel in Tavares, Florida, presents a compelling investment opportunity. Located at the intersection of CR 448 and CR 561 in Lake County (zip code 32778), this property boasts 383 feet of frontage on CR 448 and a depth of 1,076 feet. The land is cleared, flat, and features readily available utilities. Its strategic location provides quick access to major transportation arteries, including CR 561, CR 448, Highway 19, and Highway 441, enhancing logistical efficiency. Rail access is conveniently situated at the property's rear. The property's zoning designation is Heavy Industrial, opening doors to a wide range of development possibilities. Its advantageous position between established businesses like 84 Lumber and Blue Rhino further underscores its desirability. The asking price is $3,000,000, and the property is ideally suited for build-to-suit projects for credit-worthy tenants. This is a rare opportunity to acquire a sizable, well-located industrial land parcel in a thriving Florida market.

    Property Features for 448 & Cr 561

    General Information

    Property type
    Land
    Lot Size
    400,752 SF

    HighLights

    • 9.2‑acre parcel, Heavy Industrial zoning.
    • 383' frontage on CR 448, 1,076' deep.
    • Cleared, level site with on‑site utilities.
    • Excellent access to CR 561, CR 448, and proximity to Hwys 19 & 441.
    • Rail access at rear of property.
    • Situated between 84 Lumber and Blue Rhino.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tavares
    County
    Lake
    State
    Florida
    Longitude
    -81.7371564
    Latitude
    28.7646604

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    FAQs

    What type of property is this?
    Land - 9.2 Acres, Heavy Industrial Zoning
    Where is this land located?
    The property is located at 448 & Cr 561 Tavares, FL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 9.2-acre parcel, Heavy Industrial zoning.; 383' frontage on CR 448, 1,076' deep.; Cleared, level site with on-site utilities.
    Request Owner's contact information
    448 & Cr 561 Tavares, FL 32778
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    Tavares, FL 32778
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    Realmo Value Estimation

    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.

    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.

    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
    448 & Cr 561 Tavares, FL 32778
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