CENTURY 21 Edge
Mixed Use

Commercial Sale · Mixed Use

$375,000$499,0001,524 sq ft$246 /sq ft0.29 acres

138 W HERMOSA STREET, LADY LAKE, FL, 32159

Active705 days on marketListed Sep 10, 2024MLS #OM685580

About this property

The property at a glance

This corner commercial lot provides endless business opportunities with HC heavy commercial zoning . National chains, drive thru , cafe , retail or car parts and sales. Direct highway 441 frontage with multiple access points. There are over 30,000 vehicles that drive by this highly visible lot. This property is located only 3 miles from the Villages and sits across from the Hwy 466 intersection.

1,524

Building sq ft

$246

Price / sq ft

0.29

Lot acres

1949

Year built

2

Buildings

HC

Zoning

Mixed Use

Property type

Building size1,524 sq ft
Lot size0.29 acres
Year built1949
Buildings2
ZoningHC
ConstructionStucco · Wood Frame
CoolingWall/Window Unit(s)
Annual taxes$2,636

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% · $93,750
Interest rate6.00%
Loan term

Estimated payment

$2,066/mo

Principal & interest$1,686
Property taxes (actual bill)$220
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 Gianfranco to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

31,500vehicles / day · 2025Cr-466a/Miller St · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

WawaGrocery0.2 mi
MMD Computer CenterRetail0.3 mi
McDonald'sRestaurant0.8 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

30,846

Population

$57,536

Median income

68.7

Median age

1.83

Avg household

$272,100

Median home value

$1,370/mo

Median rent

1,240

Households w/ kids

Recent sales

What actually sold near 138 W HERMOSA STREET

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

124 W LEMON STREET

$177,953

124 W LEMON STREET

Sold Jul 27, 2026

219 W MCCLENDON STREET

$195,000

219 W MCCLENDON STREET

1,290 sqft · $151/sqft · Sold May 13, 2026

40515 COUNTY ROAD 25

$325,000

40515 COUNTY ROAD 25

1,514 sqft · $215/sqft · Sold Dec 31, 2025

Your team

The pros in your corner

Gianfranco Di Flumeri Petrelli

Your agent

Gianfranco Di Flumeri Petrelli

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 138 W HERMOSA STREET — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 138 W HERMOSA STREET.

See it in person

Schedule a tour

Live availability from Gianfranco's calendar — pick a time and it's booked.

Listing courtesy of ENGEL & VOLKERS OCALA · TaMara York. MLS #OM685580.

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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