$1,850,000
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!Gelfand Realty Miami Properties for Sale - Multi Family for Sale
Back to Search 9915 COUNTY ROAD 44, LEESBURG, FL 34788