INNOVATE Real Estate
Land at DAVID WALKER & US HWY 441 DR, TAVARES
Land at DAVID WALKER & US HWY 441 DR, TAVARES, photo 2 of 8
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Land at DAVID WALKER & US HWY 441 DR, TAVARES, photo 4 of 8
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Land at DAVID WALKER & US HWY 441 DR, TAVARES, photo 8 of 8
8 photos

$4,425,000

DAVID WALKER & US HWY 441 DR
TAVARES, FL 32778
Listed by Daniel Tatro · GRIZZARD COMMERCIAL REALESTATE
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Offering is for 11.54+/- Acres at the signalized intersection of US Hwy 441 & David Walker Rd, in Tavares. Zoned PD & PCD with a potential for 25 Multi-Family units per acre. Property wraps around Crown Lake. Located on one of the busiest retail, commercial, hospitality corridors in the Tavares - Eustis area with over 50,000 FDOT avg trips per day. Just a five minute drive to AdventHealth Waterman Hospital and less than 45 minutes to Orlando or The Villages. Site is an assemblage of two parcels Lake County Alt Key's # 1588651 and a portion of 3808894. Seller has previously engineered site plans available for mixed use development. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice.

Property details

MLS
Stellar MLS
MLS #
MFRG5101092
Property type
Land
Subdivision
N/A
Status
Active
Days on market
343
On market date
August 25, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
8.53 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
PINECREST ACADEMY TAVARES
0.4 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
646
Student:teacher ratio
17.9:1
District
LAKE
Middle
TAVARES MIDDLE SCHOOL
4.23 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,028
Student:teacher ratio
16.3:1
District
LAKE
HighCharter
LAKE TECHNICAL COLLEGE
1.09 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
Enrollment
0
District
LAKE

Walkability

Blended score for TAVARES's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

41
Somewhat walkable
out of 100
EPA National Walkability Index
9.7 / 20 -- Below average walkable
Google Places amenity density
29 / 100
Restaurants & cafes3
Grocery stores0
Parks2
Schools1
Transit stops2
Pharmacies0

Market position

How this listing compares to current activity in TAVARES, from live MLS data.

On the market 343 days -- 211 more days than TAVARES's current average of 132 days.
For reference, the median list price across 400 active listings in TAVARES right now is $315,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$26,798/mo
$885,000 down
$3,540,000 loan
Principal & interest$22,960
Property tax (est.)$3,688
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 3, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.