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9915 County Road 449915 County Road 44 Listing photo id 0 for 9915 County Road 44 Listing photo id 1 for 9915 County Road 44 Listing photo id 2 for 9915 County Road 44 Listing photo id 3 for 9915 County Road 44 Listing photo id 4 for 9915 County Road 44 Listing photo id 5 for 9915 County Road 44
  • MLS#: OM707341 ( Commercial Sale )
  • Street Address: 9915 County Road 44
  • Viewed: 32
  • Price: $1,850,000
  • Price sqft: $7
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 270072
  • Days On Market: 82
  • Additional Information
  • Geolocation: 28.8689 / -81.7926
  • County: LAKE
  • City: LEESBURG
  • Zipcode: 34788
  • Provided by: FLORIDA HOMES REALTY & MORTGAGE
  • Contact: Safal Desai
  • 904-996-9144
  • mfrmls
  • DMCA Notice
  • 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 Floridas 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. 78 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 Countys 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 Countys 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 Floridas fastest growing regions. Dont 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
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Other
Country
  1. US
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 0.00
Legal Description
  1. S 462 FT OF W 1/2 OF NE 1/4 OF SE 1/4 OF NE 1/4 ORB 6284 PG 1270
Living Area
  1. 0.00
Area Major
  1. 34788 - Leesburg / Haines Creek
Net Operating Income
  1. 0.00
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 03-19-25-0001-000-01400
Property Type
  1. Commercial Sale
Road Frontage Type
  1. Other
Tax Year
  1. 2024
Township
  1. 19
Views
  1. 32
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/OM707341
Year Built
  1. 2024
Zoning Code
  1. CP