Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Bichara Blvd Lady Lake, FL 32159

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Bichara Blvd Lady Lake, FL 32159

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 0 Bichara Blvd

    Year built
    1980
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail investment opportunity in The Villages, Florida, presents two established businesses for sale at $899,000. Located on Bichara Boulevard, this property boasts a prime location within a thriving commercial area anchored by major retailers such as Publix, Belk, City Furniture, and Winn-Dixie. The businesses, operating for over 26 years, comprise a complete shipping service, uniquely positioned as the only such provider in the immediate area. This turnkey operation offers significant potential for continued growth and profitability. The property's convenient location ensures high visibility and accessibility, further enhanced by its golf cart accessibility, catering to the area's unique transportation preferences. Built in 1980, the property's precise lot size is not currently available. The sale specifically excludes moving and freight services. This presents a rare chance to acquire a well-established, profitable business in a high-demand location within a rapidly growing community. The property's strategic placement within a bustling retail center guarantees consistent foot traffic and a strong customer base. This is an ideal opportunity for an investor seeking a stable, income-generating asset in a desirable Florida market. The Villages' robust economy and strong demographics make this a compelling investment prospect. The asking price reflects the value of the established businesses and their prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lady Lake
    County
    Lake
    State
    Florida
    Longitude
    -81.9459
    Latitude
    28.9396

    Comparable in this City

    • Value Estimation
      $4,925,000
      51,658 SF

      456 Us Hwy 27441

      DEPARTMENT STORE • 51,658 SF
      456 Us Hwy 27441, Lady Lake, FL 32159-3775
      View Details
    • Value Estimation
      $1,225,000
      84,048 SF

      13709 Us Hwy 441

      DEPARTMENT STORE (MULTI-STORY) • 84,048 SF
      13709 Us Hwy 441, Lady Lake, FL 32159
      View Details
    • Value Estimation by Request
      5,000 SF

      731 San Marino Dr

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 5,000 SF
      731 San Marino Dr, Lady Lake, FL 32159
      View Details
    • Value Estimation
      $1,580,000
      11,200 SF

      860 Avenida Central

      DEPARTMENT STORE • 11,200 SF
      860 Avenida Central, Lady Lake, FL 32159-7701
      View Details
    • Value Estimation by Request
      7,228 SF

      440 Us-441

      Automotive properties • 7,228 SF
      440 Us-441, Lady Lake, FL 32159
      View Details
    • Value Estimation by Request
      672 SF

      1007 Rio Grande Ave

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 672 SF
      1007 Rio Grande Ave, Lady Lake, FL 32159
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Lot with Highway Frontage

      Corner commercial lot with high visibility and highway access.
      138 W Hermosa St, Lady Lake, FL 32159
      View Details
    • $399,999
      0.29 Acres

      Commercial Lot on Highway 441

      Corner commercial lot with high visibility and heavy commercial zoning.
      138 W Hermosa St, Lady Lake, FL 32159
      View Details
    • Contact for pricing
      5,204 SF

      Lady Lake Retail Opportunity

      Freestanding commercial building in high-traffic retail corridor near The Villages.
      8825 NE 134Th Ave, Lady Lake, FL 32159
      View Details
    • Contact for pricing
      1,920 SF

      Pharmacy/Medical Property For Sale

      1920 sqft property suitable for pharmacy or medical use.
      725 County Road 466, Lady Lake, FL 32159
      View Details
    • Contact for pricing

      Kohl's Anchored Pad Site

      0.86 acre pad site in high-growth market.
      392 Hwy N, Lady Lake, FL 32159
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on 3 Acres

      Single tenant retail space available for rent on 3 acres.
      431 Us Highway 441, Lady Lake, FL 32159
      View Details
    • Contact for pricing

      Prime Retail Anchor Space Available

      18,000 SF retail space in high-traffic Lady Lake center.
      510-590 Us-27, Lady Lake, FL 32159
      View Details
    • Contact for pricing

      Lady Lake Retail Space

      Single tenant retail space available for rent in Lady Lake.
      944 Bichara Blvd, Lady Lake, FL 32159
      View Details
    • Contact for pricing

      High-Visibility Retail/Office Space Available

      Newly completed building with high traffic exposure in The Villages.
      13922 Us Highway 441, Lady Lake, FL 32159
      View Details
    • Contact for pricing
      3,400 SF

      Retail Space in Lady Lake

      Retail space available in established shopping center, Lady Lake, FL.
      600-664 N Us Highway 441, Lady Lake, FL 32159
      View Details
    Request Owner's contact information
    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.
    Bichara Blvd
    Lady Lake, FL 32159
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Bichara Blvd, Lady Lake, FL, 32159

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!