Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    9.81

  • Property Type

    Land

Price

  • Sales Price

    $699,900

  • Tax Amount

    $5,323

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Septic Tank

  • Water Source

    Private, Well

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Location

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Lake

Elementary School

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Listing Courtesy of Mark Dyer , BLACK TIE REALTY, INC.

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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 • 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 × ($130 / tenant? better convert by unit) Let’s approximate units: an average unit 100 sqft 450 units × $130 = $58,500/month Climate controlled: 100 units × $136 = $13,600/month Vehicle/RV/boat spots (50 spots) × $95 = $4,750/month Total estimated monthly gross $76,850 Annual gross revenue ˜ $922,200 Revenue Ranges Depending on density and enhancements:

38020 CHERRY LAKE ROAD

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Related Properties

A 1.68 acre vacant site on CR 466-A that is located directly across the street from "Villages of Fruitland Park" and 1 mile east of "Colony Plaza" in The Villages. It is level and all usable with 254' of frontage. The property has C-2 (General Commercial) zoning with city sewer running along the front of the property on 466-A and city water located across the street or 650' to the east on the same side of the street. Traffic count of 17,500 (2024). If you need a larger site the adjoining 1.28 acres (consist of 2 parcels) to the east is For Sale at $498,000 (same Owner). The area is growing fast with numerous sites to the west between the subject site and Colony Plaza in The Villages being developed at this time with apartments and medical uses. Great location for medical office, healthcare, professional office, retail, or restaurant.
#G5108282

FRUITLAND PARK

833 COUNTY ROAD 466A

None Beds

None Baths

1.68 acres

$598,000

MLS#: G5108282

 - property

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