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Property profile & analytics
OFF-MARKET
Land

5627 Fl-44 Wildwood, FL 34785

21.91 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 21.91-acre assemblage in Wildwood, Florida, presents a remarkable investment opportunity. Located on SR 44 near The Villages, this property boasts 960+ feet of Lake Okahumpka frontage and is zoned C-3, allowing for diverse commercial and residential development. City utilities are readily available. The site comprises three parcels (G16-012, G16-013, G16-025) and includes approximately 7.57 upland acres (per wetlands delineation report). Its prime location offers easy access to I-75 and the Florida Turnpike, placing it within an hour of Orlando, Ocala, and just over an hour from Tampa. Potential uses are numerous and include, but are not limited to, medical facilities, professional offices, retail spaces, assisted living facilities, independent living facilities, self-storage, boat/marine storage, RV storage, and multifamily housing. The property's adjacency to Lakewood Professional Plaza, Lake Okahumpka Park, and the new Lake Okahumpka Recreation Center further enhances its appeal. A wetlands delineation report is available. The asking price is $1,599,000. This is a rare opportunity to capitalize on the explosive growth of The Villages metro area, consistently ranked among the nation's fastest-growing regions. The property is also conveniently located 1.3 miles south of Grand Traverse Plaza, offering abundant shopping and dining options.

Property profile
Verified
Property type Land
Lot 21.91 ac (954,400 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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