This exceptional 0.19-acre commercial parcel, located at 1550 Limit Ave in Mount Dora, Florida (APN 29-19-27-0001-000-01403), presents a unique investment opportunity. Zoned C-1 in Lake County, this 8,276 square foot lot offers significant potential for various commercial ventures. Its strategic location just off US Highway 441, north of the Frank Brown Sports Complex, ensures high visibility and accessibility. The property benefits from its proximity to established residential areas, including numerous apartment complexes, and is only a mile from the Loch Leven Shopping Center and other retail establishments. This prime location provides easy access to major roadways, including Donnelly Street, State Road 44, State Road 46, and State Road 429 (Western Beltway), facilitating convenient transportation for both employees and customers. Furthermore, its close proximity to downtown Mount Dora (within 5 minutes) adds to its appeal. This property is ready for development and represents a compelling opportunity for investors seeking a strategic location in a thriving community. The asking price is $150,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Industrial / Distribution
$369,320
Retail / Commercial
$190,829
Mixed-Use / Specialty
$191,286
Hospitality / Lodging
$141,822
Office
$191,335
Institutional / Educational
$199,267
Residential Income
$233,143
Multifamily
$273,313
Automotive / Energy
$170,800
Parking / Income-Based Land
$57,817.40
Restaurant / Food Service
$101,917
Healthcare / Senior Housing
$194,994
Location Insight
City
Mount Dora
County
Lake
State
Florida
Latitude
28.8149
Longitude
-81.6294
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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