Wade M. Berlin

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 Floridas 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. 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. 78 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 Countys 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 Countys 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 Floridas fastest growing regions. Dont 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!