Property profile

8924 County Road 466 Lady Lake, FL 32162

OFF-MARKET
Retail properties & Spaces
11.6 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Lot 11.6 ac (505,296 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8924 County Road 466 Lady Lake, FL 32162
Lady Lake metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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