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    Property profile & analytics

    4117 County Road 561 Tavares, FL 32778

    • Community centers
    • 42,529 SF
    • 6.39 lot acres
    For Lease
    View listing
    Value Estimation
    $3,190,000
    Last Sale
    Mar 24, 2022
    $3,450,000
    Location Intelligence
    Property ID
    US18-2806177
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Community centers

    Property Details for 4117 County Road 561

    Year built
    1997
    Construction
    WOOD FRAME
    Lot size
    6.39 lot acres
    Property size
    42,529 SF
    Property type
    Community centers
    APN
    08-20-26-0505-000-02200
    APU
    82026050500002200

    Description

    Southridge Shoppes, located at 4117 County Rd 561 in Tavares, Florida (zip code 32778), presents a compelling retail investment opportunity. This shopping center encompasses a total of 42,529 square feet situated on a 6.39-acre lot in Lake County. Currently, there are multiple spaces available, offering flexible options for prospective tenants. Individual units range from a minimum of 1,500 square feet to a maximum contiguous space of 25,000 square feet, catering to a variety of business needs and scales. A significant amount of space is currently vacant, totaling 49,500 square feet, presenting a unique chance to establish a strong presence within this established center. The property's classification as a shopping center with multiple tenancies suggests a vibrant and diverse retail environment. This location in Tavares, Florida offers excellent access and visibility, making it an attractive proposition for businesses seeking a foothold in a growing market. The property's size and layout provide ample opportunity for expansion or customization to suit specific business requirements. Interested parties are encouraged to explore this exceptional retail space.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,005,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,290,000
      6.5%
      $3,640,000
      7%
      $3,160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,125,000
      Geo Method
      $3,620,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,845,000
      Retail
      $3,440,000
      Mixed-Use
      $3,015,000
      Hospitality
      $3,345,000
      Educational
      $3,800,000
      Residential Income
      $2,965,000
      Energy
      $3,415,000
      Income-Based Land
      $3,540,000
      Food Service
      $3,270,000

    Location Insight

    • Map
    • Local Demand
    City
    Tavares
    County
    Lake
    State
    Florida
    Longitude
    -81.7364
    Latitude
    28.7633
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $55,957
    $0.00
    $0.00
    $2,914,889
    -
    $926,203
    $1,988,686
    $2,914,889

    Comparable in this City

    • Value Estimation by Request
      17,069 SF

      1990 State Rd 19

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    • Value Estimation by Request
      68,015 SF

      432 Burleigh Blvd

      MINI-MALL • 68,015 SF
      432 Burleigh Blvd, Tavares, FL 32778-5257
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    • Value Estimation by Request
      22,860 SF

      500 Duncan Dr

      MINI-MALL • 22,860 SF
      500 Duncan Dr, Tavares, FL 32778-4146
      View Details
    • Value Estimation
      $3,830,000
      16,632 SF

      11433 Us Hwy 441

      MINI-MALL • 16,632 SF
      11433 Us Hwy 441, Tavares, FL 32778-4632
      View Details
    • Value Estimation
      $760,000
      5,355 SF

      720 Burleigh Blvd

      MINI-MALL • 5,355 SF
      720 Burleigh Blvd, Tavares, FL 32778-2302
      View Details
    • Value Estimation
      $2,630,000
      14,520 SF

      390 Burleigh Blvd

      MINI-MALL • 14,520 SF
      390 Burleigh Blvd, Tavares, FL 32778-2410
      View Details

    Similar Nearby for Sale

    • $356,500
      2,048 SF

      and the seller will not be fixing it. With some TLC

      this property presents a great opportunity. There is also an option to purchase this lot or all five available properties in total at a bulk price. Inquire for more information. Envision your business thriving in this vibrant community setting where old-world charm meets modern convenience. Contact us today to schedule a private tour and explore the potential of 113 E Main St. Your next chapter of success begins here.""""}"""
      113 Main St, Tavares, FL 32778
      View Details
    • $799,000

      Retail Buildings on Highway 441

      Two retail buildings on a high-traffic highway, ideal for investment.
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    • $499,000
      1,662 SF

      Downtown Tavares Mixed-Use Investment Property

      Two-unit mixed-use building in historic downtown Tavares, fully occupied.
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    • $990,000
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      Retail and Office Investment Property

      Retail and office property on 0.90 acres in Lake County.
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      Tavares Retail Building - High Traffic

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      14,723 SF

      Walgreens NNN Lease Investment Opportunity

      NNN Walgreens in Tavares, FL with rental increases.
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    Similar Nearby for Lease

    • Contact for pricing
      42,529 SF

      Southridge Shoppes: Tavares Retail Center

      Prime Tavares retail space, multiple units available.
      4117 County Road 561, Tavares, FL 32778
      View Details
    • $21,000

      Retail Space Available For Rent

      Retail space for rent at $11 in Tavares, FL.
      390 W Burleigh Blvd, Tavares, FL 32778
      View Details
    • $1,995 /Mo
      1,200 SF

      Retail Space on Highway 441

      800 sq ft retail space near downtown Tavares.
      1016 E Alfred St, Tavares, FL 32778
      View Details
    • Contact for pricing
      20,377 SF

      Retail Space on Hwy-441

      Retail space on a primary commercial corridor with high visibility.
      365 E Burleigh Blvd, Tavares, FL 32778
      View Details
    • $56,000

      Retail Space Available For Rent

      Retail space available for lease at $11 per square foot.
      324 W Burleigh Blvd, Tavares, FL 32778
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space For Lease

      Retail space available in growing residential market.
      4101-4215 County Road 561, Tavares, FL 32778
      View Details
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    4117 County Road 561
    Tavares, FL 32778
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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