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Property profile & analytics
FOR SALE
Commercial land

9110 S Grassy Lake Rd Minneola, FL 34715

784 SF 8 ac lot Built 1999
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US18-4282886
Property summary
AI-generated overview

This exceptional 18-acre commercial land parcel presents a unique investment opportunity in rapidly developing Lake County, Florida. Located at 9110 S Grassy Lake Road, Minneola, FL 34715, this property boasts 651 feet of high-visibility frontage along US Highway 27, a major thoroughfare with an impressive 40,500 average annual daily traffic count (AADT). The strategic location offers easy access to major attractions, including Disney, Universal Studios, and the expansive Olympus development, a 243-acre master-planned community encompassing sports, wellness, entertainment, and residential components. The surrounding area is experiencing significant growth, with numerous residential developments (thousands of homes and mixed-use apartments) either underway or in the approval process. This presents a compelling opportunity for a variety of commercial ventures. The seller is open to considering the subdivision of the property to accommodate specific buyer needs. This prime location and the potential for significant future development make this an exceptional investment opportunity. The asking price for this remarkable property is $3,995,000.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1999
Construction WOOD FRAME
Total area 784 SF
Lot 8 ac (348,480 SF)
APN 07-22-26-0003-000-00700
UPID US18-4282886
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
$658k
Blend (final) Blend
$660k
Owner & transaction history
Minneola Venture LLC · 8 yrs held
Minneola Venture LLC
since 2017
2 recorded transactions
2017
$314,500
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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