29764 State Road 19 Tavares, FL 32778
This exceptional 1,508-square-foot executive office building is ideally situated at 29764 State Road 19 in Tavares, Florida (32778), offering unparalleled visibility and accessibility. The property, encompassing a generous 22,320-square-foot lot (approximately 0.51 acres), presents a unique opportunity for a variety of businesses. Currently configured with five bedrooms and two bathrooms, the space is easily adaptable to suit diverse professional needs, such as a law office, insurance agency, salon, or car dealership. The building boasts a newer roof and air conditioning system, along with recent interior updates. Ample parking is available on the sizable lot. While currently zoned residential, the property's commercial potential is readily apparent, making it an attractive investment for those seeking a high-traffic location with significant development possibilities. The asking price is $500,000, translating to $331.56 per square foot. The property's APN is 01-20-25-0100-000-04004. This is a single-building property constructed in 1983, located in Lake County. High visibility on State Road 19 ensures significant exposure for your business.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.