Mixed-Use Land for Sale in Fruitland Park, Florida
Lake County, Fruitland Park, FL 34731
MOTIVATED SELLER.. BRING US AN OFFER!!!!THIS IS THE PERFECT PLACE FOR AN RV STORAGE OR SELF STORAGE DEVELOPMENT DIRECTLY ADJACENT TO THE VILLAGES MASSIVE RETIREMENT COMMUNITY AND THE HAMMOCK OAKS DEVELOPMENT ON 466 AND CHERRY LAKE ROAD WHERE THE NEIGHBORHOOD WAL MART IS BEING BUILT. PRIME FOR DEVELOMENT AT A GREAT PRICE PER ACRE.
This 10-acre parcel of vacant land represents a prime opportunity for development, offering an exceptional price per acre. Situated in a promising area poised for growth, this expansive property provides the perfect canvas for a variety of development possibilities. Whether you're envisioning a residential community, commercial enterprise, or a mixed-use project, the spaciousness and strategic location of this land can accommodate your plans. Additionally, the favorable price point enhances the investment potential, making it an attractive option for developers looking to capitalize on emerging market trends. With the right vision and planning, this land could transform into a thriving development, offering long-term value and success.
Market Context & Rent Assumptions o Average rent per unit in Fruitland Park is around $120/month, across a mix of sizes and climate-controlled options .
- Climate-controlled units average about $136/month, while non-climate looks closer to $130/month .
- Specialty vehicle/RV/boat storage units average $95-$99/month .
Facility Specs & Revenue Scenarios
Rentable Area Potential
A comparable market asset in Fruitland Park spans ~60,880 rentable sqft on 10 acres, depending on layout and building coverage, a similar size is feasible.
Unit Mix Example
Non climate units: 45,000 sqft
Climate controlled units: 10,00 0sqft
Vehicle/RV/boat storage: 5,000 sq ft
Monthly Gross Income Estimate
Non climate units: 45,000?sq?ft x ($130 / tenant? better convert by unit)
Let's approximate units: an average unit 100 sqft 450 units x $130 = $58,500/month
Climate controlled: 100 units x $136 = $13,600/month
Vehicle/RV/boat spots (50 spots) x $95 = $4,750/month
Total estimated monthly gross $76,850
Annual gross revenue ~ $922,200
Revenue Ranges
Depending on density and enhancements:
Location
- County
- Lake County
- Elevation
- 85 feet
Directions
466 TO CHERRY LAKE ROAD AND SOUTH. GPS WILL NOT BRING YOU IN THE RIGHT WAY. THERE IS A 6 FOOT CHAIN LINK FENCE TO THE LEFT (NORTH) OF THE DRIVEWAY. THERE WILL BE A SIGN AT THAT CORNER
Property details
- Acreage
- 9.81 acres
- Zoning
- A
- MLS #
- MFRMLS G5089561
- Posted
Property taxes
- 2023
- $4,162
Parcels
- 19-18-24-0003-000-02800
Legal description
S 1/4 OF SW 1/4 OF SW 1/4--LESS W 25 FT-- ORB 4522 PG 959
Resources
Details and features
Listing
- Type
- Land
Exterior
- Fencing
- Fenced
- Features
- Fencing
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 16, 2025 | Price drop | $699,900 | $50,000 -6.7% | MFRMLS |
| Apr 9, 2025 | Price drop | $749,900 | $50,000 -6.3% | MFRMLS |
| Mar 17, 2025 | Price increase | $799,900 | $100,000 14.3% | MFRMLS |
| Mar 15, 2025 | Price drop | $699,900 | $100,000 -12.5% | MFRMLS |
| Nov 20, 2024 | New listing | $799,900 | — | MFRMLS |