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    Tbd Monroe St & Georgia Ave Astatula, FL 34705
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    Property profile & analytics

    Tbd Monroe St & Georgia Ave, Astatula, FL 34705

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    • Mixed-use properties
    • 20,000 SF
    • 2.54 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Mixed-use properties

    Property Details for Tbd Monroe St & Georgia Ave

    Year built
    2023
    Lot size
    2.54 lot acres
    Property type
    Mixed-use properties

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Astatula
    County
    Lake
    State
    Florida
    Longitude
    -81.7331
    Latitude
    28.7209
    More about this property
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