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9915 COUNTY ROAD 44, Leesburg, FL, 34788 | $1,400,000
Prime Self-Storage Development Opportunity in Lake County, FL
Seize this rare chance to acquire a fully prepared, development-ready parcel in Lake County, Florida, zoned and approved for a state-of-the-art self-storage facility. Comprising four parcels, this property is primed for immediate construction, offering a fast-tracked timeline for investors and developers looking to capitalize on Central Florida’s booming self-storage market. With versatile zoning allowing for multiple uses, this is a unique opportunity in a high-growth region.
Property Highlights
Development-Ready for Self-Storage: Rezoned to CP (Planned Commercial), with self-storage approved by right, eliminating zoning hurdles. Includes a comprehensive concept plan for a 101, 380 sq ft facility (86, 175 sq ft net rentable, 95. 24 climate-controlled), fully permitted and ready for construction. By-Right, Permit-Ready Opportunity: Self-storage is approved by right under the current CP zoning, allowing a qualified buyer to move directly to permitting and construction without rezoning or entitlement risk—ideal for developers seeking speed to market.
Growth Catalyst Nearby: A major new residential subdivision, Orange Bend, is planned within distance of the property, delivering approximately 995 new residential units across 565+ acres. This significant pipeline of rooftops will drive sustained demand for self-storage and commercial services in the immediate trade area.
Completed Due Diligence: Boundary and topographic surveys completed, along with environmental studies, ensuring no delays in development.
Strong Financial Projections: Proforma included, projecting a Net Operating Income (NOI) of $994, 195. Cap rate valuations: $16. 57M (6. 0 ), $18. 08M (5. 5 ), or $19. 88M (5. 0 ). Gross potential income of $1. 58M with a 65. 73 cost-to-value ratio at 5. 5 cap.
Strategic Location: Situated in Lake County, a high-growth area with 4. 7 annual population growth, outpacing the national average. Proximity to Orlando, I-75, and the Florida Turnpike ensures excellent accessibility and visibility. Low storage inventory (est. 5. 5 sq ft vs. 7–8 sq ft nationally) underscores strong market demand.
Versatile Zoning: CP zoning supports self-storage and a variety of other commercial uses, offering flexibility for future development or alternative projects.
Business-Friendly Environment: Lake County’s pro-business policies and high-traffic corridors make this an ideal location for a successful self-storage operation.
Additional Information
Financing Available: Pre-approved financing through Jen Jones Loans LLC; terms and rates vary based on buyer qualifications.
Market Advantage: Lake County’s rapid growth and underserved self-storage market create exceptional potential for high returns.
This turnkey property offers a unique opportunity to develop a premier self-storage facility in one of Florida’s fastest-growing regions. Don’t miss your chance to invest in a market with strong demand and minimal competition. Contact us today to review the concept plan, proforma, and additional details!
Features
- Property Type: Mixed Use
- Construction: Other
- Cooling: Other
- Year Built: 2024
- Acreage: 3.33
- Est. Taxes: $1,948
- MLS#: OM707341
- Days on Market: 158 days
- Website: https://www.raveis.com
/prop/OM707341/9915countyroad44_leesburg_fl?source=qrflyer
Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE Phone: 904-996-9144
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
9915 COUNTY ROAD 44, Leesburg, FL, 34788
$1,400,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.007% | 5.952% |
| Monthly Tax Payment | $162 | $162 | $162 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,359 | $6,625 | $9,301 |
| Total Monthly Payment | $6,646 | $6,912 | $9,588 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388