Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
N/A
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!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
3.33
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$1,850,000
-
Tax Amount
1948.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Other
-
Ownership
Corporation
-
Tax Lot
01400
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Location
County
Lake
Elementary School
Middle School
High School
Listing Courtesy of Safal Desai , FLORIDA HOMES REALTY & MORTGAGE
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