21628 State Road 46 Mount Dora, FL 32757
For Sale
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This exceptional 10.94-acre property in Mount Dora, FL, offers a unique blend of commercial and industrial opportunities. The 7,500 square foot warehouse/shop building, situated on approximately 1-2 acres, features three offices, two bathrooms, one shower, ample storage (including an elevated deck), and six bay roll-up doors allowing for drive-through access. The remaining 8-9 acres of undeveloped land present significant expansion potential. Boasting approximately 350 feet of direct frontage on State Road 46, this high-visibility location benefits from exceptional traffic counts (estimated at 13,429 in 2022 and rising). Its strategic location is less than one mile from the Orlando Beltway (SR 453/429) and under two miles from US 441, placing it within easy reach of major transportation arteries. The property is zoned for commercial and light industrial uses, offering a wide range of development possibilities. Consider the property's proximity to the burgeoning Wolf Branch Innovation District, a planned joint venture between the City of Mount Dora and Lake County, further enhancing its long-term growth potential. All measurements are approximate and should be verified independently. Consult the Lake County zoning department for detailed information on permitted uses. This is a prime opportunity to capitalize on the rapid growth of the State Road 46 corridor.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.