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    OFF-MARKET
    Mixed-use properties

    305 Co Rd, Fruitland Park, FL 34731

    114,325 SF 2.62 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.62-acre commercial outparcel in Fruitland Park, Florida, presents a remarkable investment opportunity. Located on County Road 466A, this property boasts a strategic position on the southeastern edge of The Villages, just an hour from Orlando International Airport. Priced at $2,500,000, the site offers 114,325 square feet of development potential under PUD zoning. Site work is slated to commence mid-to-late March 2024, and the property will be delivered "pad ready," complete with water and sewer connections provided by the adjacent 222-unit Class-A apartment complex developer. A stormwater drainage easement ensures efficient water management. The property benefits from two access easements: one shared with the apartment complex and another connecting to the future AdventHealth freestanding ER facility. Full-motion access from County Road 466A is ensured. Surrounded by thriving retail, including Walmart, Publix, Walgreens, and numerous quick-service restaurants, this location guarantees high visibility and strong consumer traffic. Permitted uses are diverse, encompassing daycare, banking, restaurants, medical offices, retail, and more, making it ideal for a variety of commercial ventures. This is a rare chance to acquire a well-positioned, fully serviced commercial parcel in a rapidly growing area.

    Property profile
    Verified
    Property type Mixed-use properties
    Total area 114,325 SF
    Lot 2.62 ac (114,127 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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