Listing provided courtesy of MORRIS REALTY AND INVESTMENTSas Distributed by MLSGrid- MLS# MFRG5096272MLS Provider

10941 NE 89TH DRIVETHE VILLAGES, FL 32162

Commercial · 13,078 Sq. ft. | 1.46 Acres
$457,730 Active

10941 NE 89TH DRIVE Overview

Time on Site:
431 days
Visits:
5

Under Construction. NEW CONSTRUCTION! The dark gray shell is estimated to be ready for delivery to prospective tenants in Fall of 2025. Bring your medical, office, or retail business to this amazing location. This property is adjacent to the new Wal-Mart to be constructed. This new Commercial strip center is direct frontage on CR466, a well traveled thoroughfare with over 25,000 vehicles per day, which is sure to increase with the new Wal-Mart to the east and Costco to the west. Available spaces are unit #200 which is 4,325 sq ft and unit #300 which is 2,935 sq ft, or combine for 7,260 sq ft. The adjacent space, unit #100, is a Dentist, under contract. The adjacent building, which is also under construction, will be a thriving Dermatology practice that will bring continuous traffic to the site. In addition to the base rent, there will also be $4 CAM and $4 additional rent to cover real estate taxes and insurance. 5-year lease term minimum

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10941 NE 89TH DRIVE Facts & Features

  • Type Commercial
  • Sq. ft. 13,078
  • Price/Sq.ft. $35
  • Lot 1.46 Acres

Details

General

Building Information

  • New Construction: Yes
  • Year Built: 2025

Location/Region

  • Country: US
  • County Or Parish: Sumter
  • MLS Area Major: 32162 - Lady Lake/The Villages
  • Township: 18

Rent/Lease Information

  • Lease Amount Frequency: Annually
  • Lease Term: Three to Five Years
  • Tenant Pays: Common Area Maintenance,Electricity,Insurance,Taxes,Trash Collection

Tax Information

  • Tax Annual Amount: 9327.61
  • Tax Year: 2024

General Information

  • Parcel Number: D24J001
  • Property Condition: Under Construction
  • Property Sub Type: Business
  • Property Type: Commercial Lease

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Builder
  • Building Area Total: 13078
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: Accessible Approach with Ramp,Accessible Doors
  • Cooling: None
  • Electric: Three Phase
  • Foundation Details: Concrete Perimeter,Stem Wall
  • Leasable Area: 13078
  • Living Area Source: Builder
  • Living Area Units: Square Feet

Exterior

Parking Information

  • Parking Features: Common

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 1.46
  • Lot Size Square Feet: 64033
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block,Other,Stone,Stucco
  • Direction Faces: North
  • Roof: Membrane

General Information

  • Road Frontage Type: Main Throrughfare

10941 NE 89TH DRIVE Neighborhood

Community

32162 (THE VILLAGES) Demographics

72
Median Age
2,327
Population Density (per sq. mile)
52%
College Educated
$64,578
Estimated Median Income
29,944
Estimated Total Home Owners
1,316
Estimated Total Renters
96% / 4%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

10941 NE 89TH DRIVE Market Data

Based on the last 30 days in this zip code

$430,420
Average List Price
$264
Average Price per Square Foot
119
Properties Sold
82
Average Days on Market
394
Properties for Sale
Calculations provided by Reliance Network

10941 NE 89TH DRIVE History

Date Event Value Agent
4/25/2025Source: My Florida Regional MLS Added to Database
April 25, 2025