$699,900
 $3,757 est/mo Sourced by Back At You

MLS #: G5089561

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Description

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 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 1. Rentable Area Potential A comparable market asset in Fruitland Park spans ~60,880 rentable sq?ft . On 10 acres, depending on layout and building coverage, a similar size is feasible. 2. Unit Mix Example o Non climate units: 45,000?sq?ft o Climate controlled units: 10,000?sq?ft o Vehicle/RV/boat storage: 5,000?sq?ft 3. 4. Monthly Gross Income Estimate o Non climate units: 45,000?sq?ft × ($130 / tenant? better convert by unit) Let’s approximate units: an average unit ~100?sq?ft so ~450 units × $130 = $58,500/month o Climate controlled: ~100 units × $136 = $13,600/month o Vehicle/RV/boat spots (~50 spots) × $95 = $4,750/month 5. Total estimated monthly gross $76,850 ? Annual gross revenue $922,200 Revenue Ranges Depending on density and enhancements:

Details

MLS #G5089561
Listing TypeFor Sale
Sub-TypeFor-sale
StatusActive
Days On Site241
Listing Provided ByBLACK TIE REALTY, INC. | Mark Dyer

Features

ZoningA
Acreage9.81

Taxes

Property4162

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 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of July 19, 2025 at 8:55:04 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyLake
CityFRUITLAND PARK
Zip Code34731
Area34731 Fruitland Park
Sourced by Back At You
Listing Updated: July 2, 2025 at 6:57:09 PM PDT
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