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    FOR LEASE
    Community centers

    4117 County Road 561, Tavares, FL 32778

    42,529 SF 6.39 ac lot Built 1997
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US18-2806177
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1997
    Construction WOOD FRAME
    Total area 42,529 SF
    Lot 6.39 ac (278,348 SF)
    APN 08-20-26-0505-000-02200
    UPID US18-2806177
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.88M
    Blend (final) Blend
    $5.31M
    Owner & transaction history
    Southridge Shoppes Us INC · 4 yrs held
    Southridge Shoppes Us INC
    since 2022
    Last sale
    $3.5M
    5 recorded transactions
    2022
    $3.5M
    2020
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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