Tbd Monroe St & Georgia Ave Astatula, FL 34705
This exceptional 2.54-acre mixed-use commercial lot in Astatula, Florida, presents a unique investment opportunity. Located at the intersection of Monroe Street and Georgia Avenue, this C-1 zoned property offers significant potential for development. Previously approved for a 20,000-square-foot building, the property now benefits from readily available water and sewer access, with a fully operational sewer plant anticipated by Fall 2024. This access is provided via a private sewer system from the Tula Parc subdivision. High-speed fiber optic internet is available adjacent to the parcel, courtesy of OpticalTel. The property's zoning allows for a multitude of commercial uses, including retail, office, flex space, office/warehouse, church facilities, and laundromats, among others. Astatula's projected population growth of over 50% in 2024 and 2025 creates a strong market for commercial ventures. This is the eastern portion of parcel ID 29-20-26-0100-00A-00600, and a new parcel ID is pending with the Lake County Property Appraiser. Seller financing is available, making this an attractive proposition for developers and investors seeking a prime location in a rapidly growing community. The property's size and zoning flexibility provide ample room for creativity and diverse business opportunities. Don't miss this chance to capitalize on Astatula's burgeoning growth.
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
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.