$2,330,000
$2,600,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
13,248 SqFt
SOLD DATE : 03/01/2022
Key Details
Sold Price $2,330,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 13,248 sqft
Price per Sqft $175
Subdivision Lady Lake
MLS Listing ID G5028029
Sold Date 03/01/22
Construction Status Completed
HOA Y/N No
Year Built 2005
Annual Tax Amount $7,667
Lot Size 1.500 Acres
Acres 1.5
Property Sub-Type Mixed Use
Source Stellar MLS
Property Description
Villages - Lady Lake - CR 466 Strip Plaza - Income - 100% Leased at under market rates - Potential for 8% CAP. Current NOI is $158,375.75 - Property is a 1.5+/- Acre corner at CR 466 & N Old Dixie Hwy, Plaza consists of 3 buildings, each 4,416 SF for a total of 13,248 SF, 13 Units with 10 tenants. Property is attractive with easy access, lighted signage and excellent visibility. Located across from a brand new 2019 WaWa which is an excellent indicator of demographics, traffic counts and future growth. Offering is an assemblage of two parcels - Lake County Alt Key #'s 3801186 & 1723728. One hour from Orlando and a short drive to I-75, Florida's Turnpike & one block off US Hwy 441 & 27 - DO NOT DISTURB TENANTS
Location
State FL
County Lake
Community Lady Lake
Area 32159 - Lady Lake (The Villages)
Zoning LC
Interior
Heating Central, Electric
Cooling Central Air
Building
Foundation Slab
Lot Size Range 1 to less than 2
Structure Type Block
New Construction false
Construction Status Completed
Others
Ownership Corporation
Special Listing Condition None
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Bought with GRIZZARD COMMERCIAL REALESTATE
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