31336 Co Rd Sorrento, FL 32776
This exceptional commercial property, located at 31336 Co Rd 437 in Sorrento, Florida, 32776, offers 5,919 square feet of versatile space on a substantial 4.68-acre lot. Built in 1989, the building is zoned CP and boasts a flexible layout suitable for a variety of uses, including creative office, flex space, or warehouse operations, subject to Lake County approvals and alignment with Mount Plymouth-Sorrento Community Redevelopment Agency guidelines. The property benefits from excellent accessibility, with proximity to major transportation routes such as the Beltway, Central Florida Expressway, and Wekiva Parkway. Currently equipped with heat and air conditioning, the building is ready for immediate occupancy. The existing infrastructure includes a 3-phase electric service line to the front breaker box, although the internal electrical service is currently 200-225 amps (as of August 2023), offering potential for upgrades to meet higher demands. This presents a unique opportunity for businesses seeking a strategic location in a growing area. The asking price is $1,350,000, translating to $228.08 per square foot. This property is ideal for entrepreneurs and investors looking to establish a presence in a dynamic market.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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