1155 Co Rd Lady Lake, FL 32159
This exceptional 13.8-acre parcel in Lady Lake, Florida, presents a prime redevelopment opportunity. Located at 1155 Co Rd 466, this CP-zoned land offers significant potential for various uses, including independent living, assisted living, memory care, self-storage, and multi-family residential development. The property boasts extensive infrastructure already in place, significantly reducing development costs and timelines. Off-site construction, including road improvements (decel/accel turn lane, median split), water, sewer, stormwater management systems (inlets, curbs, aprons, connection to stormwater ponds), gas lines, and electrical conduit, is complete and meets all site plan and ordinance requirements. Utilities are sized to accommodate full site entitlement for all approved uses, including commercial retail and office space. A loop road is installed, offering flexibility for lot configuration. The property also features a perimeter 8-foot PVC fence, fulfilling all development prerequisites. This strategic location is across from Hammock Oaks, a new Kolter Homes development featuring 735 active-adult single-family lots, commercial, and retail spaces. Proximity to Lake Sumter Landing, Spanish Springs, and UF Health at The Villages, along with its convenient location just over an hour from Orlando, makes this a highly desirable investment. The asking price is $4,800,000. All information is believed accurate but is not guaranteed and is subject to change.
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.