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    3309 Laughlin Rd Mount Dora, FL 32757-7322

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    3309 Laughlin Rd Mount Dora, FL 32757-7322


    • Industrial land
    • 2.53 lot acres
    Off-Market
    Property ID
    US18-3420802
    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.

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    Cap Rate Potential
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    Current Use by Public Records

    • Industrial land

    Property Details for 3309 Laughlin Rd

    Lot size
    2.53 lot acres
    Zone code
    IND-4
    Property type
    Industrial land
    APN
    22-20-27-0000-00-031
    APU
    222027000000031

    Description

    This exceptional 2.53-acre property, located at 3309 Laughlin Rd in Mount Dora, Florida (zip code 32757), presents a unique investment opportunity. Zoned I-4, it allows for diverse commercial and residential uses, including up to 14 residential units per acre. The site is ideally situated between Apopka and Mount Dora, just three miles from the Kelly Park Billion Dollar Development-Wyld Oaks, benefiting from the area's strong growth. Existing improvements include a new 2023 mobile office (10x40), irrigation, landscaping, stonework, and a septic system. A significant investment of over $300,000 has already been made in site preparation. Importantly, a hard-to-obtain transportation permit is in place, allowing for semi-trailer truck overnight parking, RV and boat storage, and 80 parking spaces. This permit alone offers substantial income potential, with an estimated $240,000 annual revenue possible by charging $300 per month for each parking space. The property is pad-ready for immediate development of storage facilities for RVs, boats, and semi-trucks. The location's proximity to major roadways and the expanding Orlando-Metro area, coupled with Mount Dora's thriving economy (particularly in transportation, warehousing, healthcare, and accommodations), makes this a compelling investment with a projected 14% capitalization rate based on transportation operations. The site's potential is further enhanced by its proximity to several large residential developments currently underway, indicating strong future demand. The asking price is $1,750,000.


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    Location Insight

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    • Local Demand
    City
    Mount Dora
    County
    Orange
    State
    Florida
    Longitude
    -81.6088
    Latitude
    28.7313
    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
    $8,853
    $640,150
    $1,584
    $641,734
    -
    $640,150
    $1,584
    $641,734
    More about this property
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