Active

$1,850,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFROM707341
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
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!
Financial Considerations
Price:
$1,850,000
HOA Fee:
N/A
Tax Amount:
$1948
Price per SqFt:
$6.85
Tax Legal Description:
S 462 FT OF W 1/2 OF NE 1/4 OF SE 1/4 OF NE 1/4 ORB 6284 PG 1270
Exterior Features
Lot Size:
145055
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Other
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Mixed Use
Style:
N/A
Year Built:
2024
Construction Type:
Other
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    9915 COUNTY ROAD 44
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