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9915 County Road 44, LEESBURG, FL 34788
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9915 County Road 44
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  • MLS#: OM707341 ( Commercial Sale )
  • Street Address: 9915 County Road 44
  • Viewed: 102
  • Price: $1,400,000
  • Price sqft: $5
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 270072
  • Days On Market: 168
  • 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. By Right, Permit Ready Opportunity: Self storage is approved by right under the current CP zoning, allowing a qualified buyer to move directly to permitting and construction without rezoning or entitlement riskideal for developers seeking speed to market. Growth Catalyst Nearby: A major new residential subdivision, Orange Bend, is planned within distance of the property, delivering approximately 995 new residential units across 565+ acres. This significant pipeline of rooftops will drive sustained demand for self storage and commercial services in the immediate trade area. 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!
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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. 102
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/OM707341
Year Built
  1. 2024
Zoning Code
  1. CP
  1. Tropic Shores Realty
  2. http://homebloks.com - Blockchaiun technology for Real estate professionals.
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com