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    0000 State Rd 44 Pine Lakes, FL 32736

    Sponsored
    For Sale
    $7,000,000

    Prime 7-acre commercial land, ideal location, flexible options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7-acre commercial property, totaling 304,920 square feet, presents a remarkable investment opportunity in Eustis, Florida. Located at the signalized intersection of State Road 44 and East Orange Avenue in Lake County, this site boasts high visibility and accessibility, with approximately 20,000 vehicles passing daily. Utilities are already stubbed to the property, simplifying development. The seller offers flexible acquisition options, including fee simple purchase, ground lease, or a built-to-suit arrangement, catering to diverse investment strategies and development plans. The property allows for up to eight outparcels, providing significant development flexibility. This strategic location benefits from proximity to established businesses such as Circle K and Farm & Pet Outlet, and is further enhanced by the development of new residential subdivisions to the north. Convenience is a key advantage, with Publix, Lowe's, numerous restaurants, and a variety of shopping options all within two miles, ensuring a thriving commercial environment for your business. The property's address is 0000 State Road 44, Eustis, FL 32736. The asking price is $7,000,000.

    Property Features for 0000 State Rd 44

    General Information

    Property type
    Retail properties

    HighLights

    • $7,000,000 asking price.
    • 7‑acre commercial land parcel (304,920 sq ft) in Eustis, FL.
    • Located at signalized intersection of SR 44 & E Orange Ave, with utilities stubbed.
    • Flexible acquisition options: ground lease, build‑to‑suit, or fee simple purchase.
    • High traffic count (approx. 20,000 cars/day) and proximity to amenities (Publix, Lowe's, restaurants, shopping).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Auto Repair Shop Hotel & Motel Department Store Daycare Center Food Market Storage Facility Bakery Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Pine Lakes
    County
    Lake
    State
    Florida
    Longitude
    -81.4937993
    Latitude
    28.8934348

    Nearby Comparable

    • $520,000
      9.23 Acres

      9.23 Acres on State Road

      9.23 acres of partially cleared land with road frontage.
      29901 State Road 44, Eustis, FL 32736
      View Details
    • $169,900

      Land For Sale

      Land available for sale.
      Bear Den Dr, Eustis, FL 32736
      View Details
    • $849,000
      1.55 Acres

      SR 44 Commercial Land, Sorrento, FL

      High-traffic location, prime development opportunity
      0 Fl-44, Sorrento, FL 32776
      View Details
    • $235,000

      Eustis Land For Sale

      Land available in Eustis, Florida.
      24225 Bear Paw Ct, Eustis, FL 32736
      View Details
    • $720,000

      Land For Sale

      Land available for purchase.
      24148 Deep Springs Loop, Eustis, FL 32736
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime 7-acre commercial land, ideal location, flexible options.
    Where is this retail property located?
    The property is located at 0000 State Rd 44 Pine Lakes, FL.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: $7,000,000 asking price.; 7-acre commercial land parcel (304,920 sq ft) in Eustis, FL.; Located at signalized intersection of SR 44 & E Orange Ave, with utilities stubbed.
    Request Owner's contact information
    0000 State Rd 44 Pine Lakes, FL 32736
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    Pine Lakes, FL 32736
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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
    0000 State Rd 44 Pine Lakes, FL 32736
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