1135 Highway 466 Lady Lake, FL 32159
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.