David Ramirez
Mixed Use

Commercial Sale · Mixed Use

$3,600,000$5,000,0007,000 sq ft$514 /sq ft10.94 acres

21628 STATE ROAD 46, MOUNT DORA, FL, 32757

Active1050 days on marketListed Sep 12, 2023MLS #V4932236

About this property

The property at a glance

Outstanding Opportunity is knocking! Multiple approved future land uses for Re Development! Location, Location, Location! Approximately 350' of DIRECT State Rd 46 frontage, HIGH Visibility, easy access, circular drive around warehouse, high traffic count (2022 est 13,429.. and 2024 it was 24,000 and it keeps going up!)..This is a 10.94MOL acre parcel of land, inclusive of a 7500 square foot warehouse/shop building,(currently being used as a mechanic shop) Inclusive of 3 offices, 2 bathrooms, 1 shower, Large Storage area & elevated storage deck, then OPEN Warehouse with a total of six bay roll up doors ( 3 on each side) for easy access and/or drive thru access. The warehouse & parking are on approximately 1-2 acres therefore leaving 8-9 acres MOL, that remain undeveloped. Commercial, light manufacturing zoning, check out the Lake County zoning site to see the list of approved uses, development and possibilities for future uses. This property is located less than 1 mile from 453/429, the Orlando Beltway..and to the West, less than 2 miles to US 441! .Visit the Mount Dora City economic development site ( Wolf Branch Innovation District) to see what is coming! Specifically Check in to the the joint planning area of City of Mount Dora and Lake County planned to become Lake County FLU - Regional Office & City of Mount Dora FLU Employment Center part of the Wolf Branch Innovation District Implementation Plan. This area is booming and will continue to do so with all of the New Communities, commerce and highway connectivity. The time is now to get your foot in the door...as the window of opportunity will be closing soon...Be a part of the State Road 46 corridor transformation. All information and measurements are deemed to be accurate, however, can not be guaranteed. Contact the Lake County zoning department with your specific questions. Take a closer look, you will be glad you didi! Some Examples of what Light Manufacturing Zoning Allows: *Self Service Storage, Truckyard, Vehicular Sales, Wholesale/Warehouse, Industrial, Light, Bar or Tavern, Automotive Repair, Consumer Services & Repair, Electronic Game Room Facility, Recycling Center, Trucking Facilities, Cultural Institution, Primary or Secondary School, Public Safety Service, Utilities, limited, Utilities, Major, Parks & Recreation, Single Family Dwelling, General Agriculture, Kennels, Medical Services, Personal Care Services, Professional Offices, Recreation Commercial, Research Service, Restaurant, Fast Food & General, Retail Convenience

7,000

Building sq ft

$514

Price / sq ft

10.94

Lot acres

1986

Year built

1

Building

LM

Zoning

Mixed Use

Property type

Building size7,000 sq ft
Lot size10.94 acres
Year built1986
Buildings1
ZoningLM
ParkingGround Level · Other
ConstructionMetal Frame · Metal Siding · Other
CoolingA/C - Office Only
UtilitiesElectricity Available · Phone Available
Annual taxes$7,762

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $900,000
Interest rate6.00%
Loan term

Estimated payment

$16,995/mo

Principal & interest$16,188
Property taxes (actual bill)$647
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

24,000vehicles / day · 2025Traffic count · Florida DOT
5-min drive10-min drive15-min drive

The area

Who's around this property

32,712

Population

$73,327

Median income

45.8

Median age

2.47

Avg household

$325,800

Median home value

$1,474/mo

Median rent

3,279

Households w/ kids

Recent sales

What actually sold near 21628 STATE ROAD 46

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

732 S ROSSITER STREET

$335,000

732 S ROSSITER STREET

1,976 sqft · $170/sqft · Sold Aug 8, 2024

430 N ALEXANDER STREET

$113,516

430 N ALEXANDER STREET

2,850 sqft · $40/sqft · Sold Aug 1, 2025

851 N DONNELLY STREET

$16,800

851 N DONNELLY STREET

3,261 sqft · $5/sqft · Sold Sep 26, 2025

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 21628 STATE ROAD 46 — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 21628 STATE ROAD 46.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Listing courtesy of ADAMS, CAMERON & CO., REALTORS · Carey Cyr. MLS #V4932236.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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