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    1135 Highway 466 Lady Lake, FL 32159

    Sponsored
    For Sale
    $1,350,000

    Prime 2.9-acre commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.9-acre commercial lot in Lady Lake, Florida, presents a unique development opportunity. Located on Hwy 466, it boasts over 200 feet of road frontage and offers convenient access from both eastbound and westbound traffic. The property is fully improved, featuring completed internal roads and underground utilities including water, sewer, electric, internet, phone, and cable. A master stormwater retention system is already in place, eliminating significant upfront costs and delays. With 15,000 square feet of buildable space and permitted for commercial use, this site is ready for immediate development. Its strategic location, bordering The Villages on three sides, ensures high visibility and accessibility. The site has been master-planned, and all site work and grading are complete. This is an exceptional opportunity for retail, office, medical, or professional uses, eliminating the time and expense of rezoning and engineering. The asking price is $1,350,000. This is one of the largest and best-located properties in Lady Lake, with only one other comparable lot remaining. Don't miss this chance to acquire a truly exceptional commercial development site.

    Property Features for 1135 Highway 466

    General Information

    Property type
    Land
    Lot Size
    126,324 SF

    HighLights

    • Prime 2.9‑acre commercial lot in Lady Lake, FL, bordering The Villages on three sides.
    • Convenient access from both eastbound and westbound CR 466.
    • Fully improved site with internal roads and utilities (water, sewer, electric, internet, phone, cable).
    • Ready for immediate development; master stormwater retention system in place.
    • 15,000 square feet of buildable space with over 200 feet of CR 466 frontage.
    • Asking price: $1,350,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lady Lake
    County
    Lake
    State
    Florida
    Longitude
    -81.949540587966
    Latitude
    28.916108590877

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    FAQs

    What type of property is this?
    Land - Prime 2.9-acre commercial lot
    Where is this land located?
    The property is located at 1135 Highway 466 Lady Lake, FL.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Prime 2.9-acre commercial lot in Lady Lake, FL, bordering The Villages on three sides.; Convenient access from both eastbound and westbound CR 466.; Fully improved site with internal roads and utilities (water, sewer, electric, internet, phone, cable).
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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
    1135 Highway 466 Lady Lake, FL 32159
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