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Property profile & analytics
OFF-MARKET
Land

216 Hwy Lady Lake, FL 32159

0.6 ac lot
Property ID
Property summary
AI-generated overview

This 0.6-acre commercial development site in Lady Lake, Florida, presents a unique investment opportunity. Located at 216 S Hwy 27/441, the property boasts 125 feet of frontage on US Highway 441/27, a major thoroughfare with an average daily traffic count of 30,000 vehicles, according to the Florida Department of Transportation. The lot, identified by APN 20-18-24-0400-000-02500, is zoned HC (Heavy Commercial) within the Town of Lady Lake, offering flexibility for a variety of commercial uses. The property features a pre-existing paved parking lot with capacity for eight or more vehicles, and lighted signage is already in place, saving on initial development costs. Its convenient location offers excellent visibility and accessibility, making it ideal for businesses seeking high traffic exposure. The site's dimensions are approximately 125 feet by 210 feet. The property is situated minutes from The Villages, Florida, and within an hour's drive of Orlando, providing easy access to a large and diverse population base. Proximity to the Florida Turnpike and I-75 further enhances its logistical advantages. This is an exceptional opportunity to establish a business in a thriving area with significant growth potential. The asking price is $229,000.

Property profile
Verified
Property type Land
Lot 0.6 ac (26,136 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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