Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    Fl-44 Sorrento, FL 32776

    Sponsored
    For Sale
    $849,000

    High-traffic location, prime development opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1.55-acre commercial land parcel in Sorrento, Florida, presents a compelling investment opportunity. Located on State Road 44, it boasts over 224 feet of highway frontage, ensuring exceptional visibility and accessibility. The property is conveniently situated just one block from the Sorrento Hills Village Publix Plaza, benefiting from the high traffic and established commercial presence of this thriving retail center. Zoned C-1/CFD, this site allows for a variety of commercial uses, making it ideal for developers seeking to capitalize on the area's growth. With an average daily traffic count of 12,000 vehicles on SR 44, as reported by the Florida Department of Transportation (FDOT), this location offers unparalleled exposure to potential customers. The property is offered fee simple, providing complete ownership and control. Located in Lake County, Florida, and easily accessible from Orlando, this site is perfect for businesses seeking a strategic location in a rapidly expanding market. All information is believed accurate but is not guaranteed and is subject to change without notice. The APN is 2664983. The asking price is $849,000.

    Property Features for 0 Fl-44

    General Information

    Property type
    Land
    Lot Size
    67,518 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sorrento
    County
    Lake
    State
    Florida
    Longitude
    -81.550200143413
    Latitude
    28.851549695548

    Nearby Comparable

    • Contact for pricing
      46,656 SF

      Eustis Retail Outparcels: Prime Location

      Publix-anchored, high-visibility retail space.
      24400 State Road 44, Eustis, FL 32736
      View Details
    • $2,250,000
      9.33 Acres

      Sorrento Land: Prime Development Site

      9.33 Acres, High-Traffic Location
      34240 Co Rd 437, Sorrento, FL 32776
      View Details
    • $720,000

      Land For Sale

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

      Prime Commercial Land Opportunity

      Highly visible land parcels in a busy shopping center.
      Tuscany Ave, Sorrento, FL 32776
      View Details
    • $445,000

      Land For Sale

      Land available for sale.
      35135 Pinegate Trl, Eustis, FL 32736
      View Details
    • $2,750,000
      25,000 SF

      EUSTIS Warehouse with Office Space

      25,000 SF warehouse with office on 8 acres.
      34135 Cardinal Ln, Eustis, FL 32736
      View Details
    • $999,000
      1,724 SF

      Updated Estate with Racetrack

      4-bedroom estate on 4.81 acres with racetrack and outdoor entertaining.
      32708 Gere Ln, Sorrento, FL 32776
      View Details

    Nearby Similar for Sale

    • $999,000
      1,724 SF

      Updated Estate with Racetrack

      4-bedroom estate on 4.81 acres with racetrack and outdoor entertaining.
      32708 Gere Ln, Sorrento, FL 32776
      View Details
    • $325,000
      1,176 SF

      Versatile Mixed-Use Corner Lot

      2-bedroom home with commercial potential in Sorrento/Mt. Plymouth.
      25525 Colmar Ave, Sorrento, FL 32776
      View Details
    • $1,900,000
      4,974 SF

      Versatile Commercial Building on 4.6 Acres

      5,000 sqft commercial building on 4.6 acres in Sorrento, FL.
      31336 County Road 437, Sorrento, FL 32776
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic location, prime development opportunity
    Where is this land located?
    The property is located at Fl-44 Sorrento, FL.
    What is the asking price?
    The asking price for this property is $849,000.
    (352) 396-9136
    Request Owner's contact information
    Fl-44 Sorrento, FL 32776
    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.
    Fl-44
    Sorrento, FL 32776
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Fl-44 Sorrento, FL 32776
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.