
Commercial Sale · Mixed Use
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
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)
Estimated payment
$16,995/mo
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
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.

$335,000
732 S ROSSITER STREET
1,976 sqft · $170/sqft · Sold Aug 8, 2024

$113,516
430 N ALEXANDER STREET
2,850 sqft · $40/sqft · Sold Aug 1, 2025

$16,800
851 N DONNELLY STREET
3,261 sqft · $5/sqft · Sold Sep 26, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 21628 STATE ROAD 46 — start here.

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.
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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