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    Chain O Lk Paisley, FL 32767

    For Sale
    $925,500

    6.17 Acres, Hwy 44 Frontage, Zoned CP

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 6.17-acre commercial parcel presents a unique investment opportunity in Grand Island, Florida. Strategically located at the southwest corner of County Road 44 and Chain O Lakes Road, this property boasts approximately 700 feet of frontage on the heavily trafficked Highway 44. The land is zoned CP, offering a wide range of potential commercial uses. Its prime location provides easy access to the nearby cities of Leesburg, Tavares, and Eustis, enhancing its appeal to businesses seeking high visibility and convenient access to major transportation routes. The property's proximity to multiple residential neighborhoods within a one-mile radius ensures a strong potential customer base. The APN numbers for this property are 32-18-26-0002-000-02400 and 32-18-26-0002-000-10500. This vacant land is ready for development, making it an ideal choice for entrepreneurs and investors looking to capitalize on the growing commercial market in this desirable area of Lake County, Florida. The asking price for this exceptional property is $925,500.

    Property Features for 0 Chain O Lk

    General Information

    Property type
    Land
    Lot Size
    268,765 SF

    HighLights

    • 6.17‑acre commercial parcel in Grand Island, FL, at the southwest corner of CR 44 and Chain O Lakes Rd.
    • 700' of frontage on heavily trafficked Hwy 44.
    • CP zoning allows for diverse commercial uses.
    • Minutes from Leesburg, Tavares, and Eustis, offering high visibility and convenient access to major transportation routes.
    • Strong potential customer base due to proximity to multiple residential neighborhoods within one mile.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Paisley
    County
    Lake
    State
    Florida
    Longitude
    -81.737786419297
    Latitude
    28.881905552271

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    FAQs

    What type of property is this?
    Land - 6.17 Acres, Hwy 44 Frontage, Zoned CP
    Where is this land located?
    The property is located at Chain O Lk Paisley, FL.
    What is the asking price?
    The asking price for this property is $925,500.
    What are key features of this property?
    This property features: 6.17-acre commercial parcel in Grand Island, FL, at the southwest corner of CR 44 and Chain O Lakes Rd.; 700' of frontage on heavily trafficked Hwy 44.; CP zoning allows for diverse commercial uses.
    Request Owner's contact information
    Chain O Lk Paisley, FL 32767
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    Paisley, FL 32767
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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
    Chain O Lk Paisley, FL 32767
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