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$ 1,850,000
Est. payment | /mo
270,072 SqFt
$ 1,850,000
Est. payment | /mo
270,072 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 270,072 sqft
Price per Sqft $6
MLS Listing ID OM707341
HOA Y/N No
Year Built 2024
Annual Tax Amount $1,948
Lot Size 3.330 Acres
Acres 3.33
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
Prime Self-Storage Development Opportunity in Lake County, FL
Seize this rare chance to acquire a fully prepared, development-ready parcel in Lake County, Florida, zoned and approved for a state-of-the-art self-storage facility. Comprising four parcels, this property is primed for immediate construction, offering a fast-tracked timeline for investors and developers looking to capitalize on Central Florida's booming self-storage market. With versatile zoning allowing for multiple uses, this is a unique opportunity in a high-growth region.
Property Highlights
Development-Ready for Self-Storage: Rezoned to CP (Planned Commercial), with self-storage approved by right, eliminating zoning hurdles. Includes a comprehensive concept plan for a 101,380 sq ft facility (86,175 sq ft net rentable, 95.24 climate-controlled), fully permitted and ready for construction.
Completed Due Diligence: Boundary and topographic surveys completed, along with environmental studies, ensuring no delays in development.
Strong Financial Projections: Proforma included, projecting a Net Operating Income (NOI) of $994,195. Cap rate valuations: $16.57M (6.0 ), $18.08M (5.5 ), or $19.88M (5.0 ). Gross potential income of $1.58M with a 65.73 cost-to-value ratio at 5.5 cap.
Strategic Location: Situated in Lake County, a high-growth area with 4.7 annual population growth, outpacing the national average. Proximity to Orlando, I-75, and the Florida Turnpike ensures excellent accessibility and visibility. Low storage inventory (est. 5.5 sq ft vs. 7–8 sq ft nationally) underscores strong market demand.
Versatile Zoning: CP zoning supports self-storage and a variety of other commercial uses, offering flexibility for future development or alternative projects.
Business-Friendly Environment: Lake County's pro-business policies and high-traffic corridors make this an ideal location for a successful self-storage operation.
Additional Information
Financing Available: Pre-approved financing through Jen Jones Loans LLC; terms and rates vary based on buyer qualifications.
Market Advantage: Lake County's rapid growth and underserved self-storage market create exceptional potential for high returns.
This turnkey property offers a unique opportunity to develop a premier self-storage facility in one of Florida's fastest-growing regions. Don't miss your chance to invest in a market with strong demand and minimal competition. Contact us today to review the concept plan, proforma, and additional details!
Seize this rare chance to acquire a fully prepared, development-ready parcel in Lake County, Florida, zoned and approved for a state-of-the-art self-storage facility. Comprising four parcels, this property is primed for immediate construction, offering a fast-tracked timeline for investors and developers looking to capitalize on Central Florida's booming self-storage market. With versatile zoning allowing for multiple uses, this is a unique opportunity in a high-growth region.
Property Highlights
Development-Ready for Self-Storage: Rezoned to CP (Planned Commercial), with self-storage approved by right, eliminating zoning hurdles. Includes a comprehensive concept plan for a 101,380 sq ft facility (86,175 sq ft net rentable, 95.24 climate-controlled), fully permitted and ready for construction.
Completed Due Diligence: Boundary and topographic surveys completed, along with environmental studies, ensuring no delays in development.
Strong Financial Projections: Proforma included, projecting a Net Operating Income (NOI) of $994,195. Cap rate valuations: $16.57M (6.0 ), $18.08M (5.5 ), or $19.88M (5.0 ). Gross potential income of $1.58M with a 65.73 cost-to-value ratio at 5.5 cap.
Strategic Location: Situated in Lake County, a high-growth area with 4.7 annual population growth, outpacing the national average. Proximity to Orlando, I-75, and the Florida Turnpike ensures excellent accessibility and visibility. Low storage inventory (est. 5.5 sq ft vs. 7–8 sq ft nationally) underscores strong market demand.
Versatile Zoning: CP zoning supports self-storage and a variety of other commercial uses, offering flexibility for future development or alternative projects.
Business-Friendly Environment: Lake County's pro-business policies and high-traffic corridors make this an ideal location for a successful self-storage operation.
Additional Information
Financing Available: Pre-approved financing through Jen Jones Loans LLC; terms and rates vary based on buyer qualifications.
Market Advantage: Lake County's rapid growth and underserved self-storage market create exceptional potential for high returns.
This turnkey property offers a unique opportunity to develop a premier self-storage facility in one of Florida's fastest-growing regions. Don't miss your chance to invest in a market with strong demand and minimal competition. Contact us today to review the concept plan, proforma, and additional details!
Location
State FL
County Lake
Area 34788 - Leesburg / Haines Creek
Zoning CP
Interior
Cooling Other
Building
Foundation Other
Lot Size Range 5 to less than 10
Structure Type Other
New Construction false
Others
Ownership Corporation
Special Listing Condition None
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Listed by FLORIDA HOMES REALTY & MORTGAGE
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Gary Berkson
ABR CRS CDPE, REALTOR®/Broker-Associate | Lic# BK348697