Twitter
Facebook
Email
|
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 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 Ëœ $922,200 Revenue Ranges Depending on density and enhancements:
| DAYS ON MARKET | 296 | LAST UPDATED | 6/14/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 34731 - Fruitland Park |
| COUNTY | Lake | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| PRICE HISTORY | |
| Prior to Mar 14, '25 | $799,900 |
|---|---|
| Mar 14, '25 - Mar 17, '25 | $699,900 |
| Mar 17, '25 - Apr 9, '25 | $799,900 |
| Apr 9, '25 - May 16, '25 | $749,900 |
| May 16, '25 - Today | $699,900 |
| ADDITIONAL DETAILS | |
| AREA | 34731 - Fruitland Park |
|---|---|
| LOT | 9.81 acre(s) |
| LOT DIMENSIONS | 336x1330 |
| SEWER | Septic Tank |
| TAXES | 4162 |
| UTILITIES | Electricity Available |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Greg
Lord to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Mark Dyer, BLACK TIE REALTY, INC., 352-751-7888
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 9/10/25 3:42 PM PDT.
This IDX solution is (c) Diverse Solutions 2025.