46 & Round Lk Rd Mount Dora, FL 32757
This exceptional 6.5-acre industrial property in Mount Dora, Florida, presents a compelling investment opportunity. The site boasts a 4,800 square foot warehouse and two additional outbuildings, all situated on a highly visible corner lot at the southwest intersection of State Road 46 and Round Lake Road. SR 46 has recently been expanded to six lanes, providing unparalleled access and visibility for your business. The property offers over 600 feet of frontage along SR 46, maximizing exposure to a high volume of traffic. Currently zoned LM (light manufacturing) in Lake County, this location benefits from its proximity to the Lake County Florida's Regional Office and is within the joint planning area with the City of Mount Dora. Further advantages include its designation as an Employment Center Gateway within the Mount Dora's Wolf Branch Innovation Gateway zoning district. The property's strategic location makes it ideal for a variety of uses, including light manufacturing, warehousing, and even retail or restaurant establishments. All utilities are readily available on-site. The asking price is $3,000,000, with a land value of $461,538 per acre. This property offers significant potential for growth and return on investment. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Florida community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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