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OFF-MARKET
Mixed-use properties

Tbd Monroe St & Georgia Ave Astatula, FL 34705

20,000 SF 2.54 ac lot Built 2023
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 2023
Total area 20,000 SF
Lot 2.54 ac (110,642 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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