8924 County Road 466 Lady Lake, FL 32162
This exceptional 11.6+/- acre property, located at 8924 E County Rd 466 in Lady Lake, Florida (zip code 32162), presents a compelling redevelopment opportunity. Situated on a major east-west artery through The Villages, this land boasts high visibility and accessibility, with an average of 23,500 Florida Department of Transportation (FDOT) daily trips. The property's A1OC & RR1 zoning permits a variety of uses, making it ideal for mixed-use development catering to the area's strong demographics, including the thriving Villages community and the growing workforce in the hospitality, retail, professional, and medical sectors. An additional 8+/- acres are also available separately, further enhancing the development potential. The existing home on the property will not be shown until due diligence is completed. Utilities include a well, septic system, and power provided by SECO electric. Access is strictly by appointment only. All information is believed to be accurate but is not guaranteed. The asking price for this significant land parcel is $2,726,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.