138 W Hermosa St Lady Lake, FL 32159
- Commercial land
- 660 SF
- 0.29 lot acres
Current Use by Public Records
- Isom's Automotive / Auto Wrecker
Property Details for 138 W Hermosa St
- Year built
- 1949
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.29 lot acres
- Property size
- 660 SF
- Property type
- Commercial land
- APN
- 20-18-24-0400-000-05501
- APU
- 201824040000005501
Property Overview
This corner commercial lot, located in Lady Lake, Florida, is zoned HC heavy commercial, offering potential for various business opportunities. It is suitable for national chains, drive-through establishments, cafes, retail stores, or car parts and sales businesses. The property features direct frontage on Highway 441 with multiple access points. It is situated approximately 3 miles from The Villages and across from the Highway 466 intersection.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $85,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $135,000
- 6.5%
- $115,000
- 7%
- $135,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $125,000
- Geo Method
- $120,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $125,000
- Retail
- $140,000
- Mixed-Use
- $115,000
- Hospitality
- $120,000
- Educational
- $135,000
- Residential Income
- $125,000
- Energy
- $110,000
- Income-Based Land
- $105,000
- Food Service
- $120,000
Location Insight
- Map
- Local Demand
- City
- Lady Lake
- County
- Lake
- State
- Florida
- Longitude
- -81.9233
- Latitude
- 28.9196
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA