Markets
Commercial real estate in Lake County
In brief: Lake County adjoins Sumter County. We represent owners, investors, buyers and commercial tenants on all commercial property types in Lake County: industrial and flex, retail, office, multifamily, investment property, land, storage and IOS. Industrial and flex is our specialty. Our office is in Wildwood, in Sumter County, about 12.5 miles by road from Leesburg City Hall [6]; we do not have an office in Lake County. Lake County had an estimated 456,068 residents on July 1, 2025, up 18.8% from April 2020 [1].
North Lake: Lady Lake, Fruitland Park and Leesburg
Lady Lake and Fruitland Park adjoin The Villages® community, which extends into this part of Lake County. Leesburg sits along US 27 and US 441 and has its own airport and industrial areas. Its estimated population was 38,905 on July 1, 2025, up 43.9% from April 2020 [1]. In 2025, FDOT counted about 51,000 vehicles per day on US 27/US 441 in the Leesburg area [2]. Demand here comes from trades, suppliers and storage users serving nearby households and businesses.
THE VILLAGES® is a registered trademark of its owner. We are not affiliated with or sponsored by it. See Disclosures.
Central Lake: Eustis, Tavares and Mount Dora
Tavares is the county seat. Eustis and Mount Dora each administer their own zoning and utilities, so requirements for the same use differ by city. Estimated populations on July 1, 2025: Eustis 25,483, Tavares 22,490, Mount Dora 18,791 [1].
South Lake: Clermont, Minneola and Groveland
This area follows US 27, SR 50 and Florida's Turnpike toward Orlando. Minneola's estimated population grew 52.1%, Groveland's 38.0% and Clermont's 22.8% from April 2020 to July 2025 [1]. In 2025, FDOT counted about 82,300 vehicles per day on Florida's Turnpike at the Orange County line, with trucks at about 19.6% of traffic, and about 64,000 per day on both SR 50 and US 27 in Clermont [2]. Access to the Orlando region matters for distribution and service users.
Retail, office and multifamily in Lake County
We also represent clients on retail, office and multifamily property in Lake County. The county recorded $7.1 billion in retail sales in 2022 (Economic Census) and issued 5,342 residential building permits in 2025 [3]. The owner-occupied housing rate was 77.6%, above the 67.6% statewide rate (ACS 2020-2024) [3].
Lake County market data
| Data point | Figure | As of | Source |
|---|---|---|---|
| Lake County population | 456,068 (up 18.8% from April 2020) | July 1, 2025 | U.S. Census Bureau [1] |
| Clermont population | 52,812 (up 22.8%) | July 1, 2025 | U.S. Census Bureau [1] |
| Leesburg population | 38,905 (up 43.9%) | July 1, 2025 | U.S. Census Bureau [1] |
| Florida's Turnpike traffic at the Orange County line | about 82,300 vehicles per day; trucks 19.6% | 2025 | FDOT [2] |
| SR 50 traffic, Clermont (Miss Florida Ave to Hancock Rd) | about 64,000 vehicles per day | 2025 | FDOT [2] |
| US 27 traffic, Clermont (near Hartwood Marsh Rd) | about 64,000 vehicles per day | 2025 | FDOT [2] |
| US 27/US 441 traffic, Leesburg (Hidden Harbor Dr to SR 44) | about 51,000 vehicles per day | 2025 | FDOT [2] |
| Residential building permits | 5,342 | 2025 | U.S. Census Bureau [3] |
| Median household income | $73,161 (Florida: $74,568) | 2020-2024 ACS 5-year | U.S. Census Bureau [4] |
| Labor force | 198,233; unemployment rate 4.9% (not seasonally adjusted, preliminary) | August 2026 | BLS [5] |
| Drive from our Wildwood office to Leesburg City Hall | about 12.5 miles (about 21 minutes without traffic) | October 26, 2026 | OpenStreetMap route [6] |
Source and date shown for each row. Numbered sources are listed at the end of this page.
What we check on a Lake County property
| Item | Where we look | Status |
|---|---|---|
| Zoning and permitted uses | Lake County Land Development Regulations for unincorporated land; each city's land development code inside city limits | |
| Utilities | Varies by city and parcel. Electric providers include Duke Energy, SECO Energy and city utilities such as Leesburg and Mount Dora | |
| Stormwater and wetlands | St. Johns River Water Management District for most of the county; Southwest Florida Water Management District in parts of the southwest. Confirm which applies to each parcel | sjrwmd.com, swfwmd.state.fl.us |
| Access and traffic | FDOT Annual Average Daily Traffic | 2025 counts in the data table above [2] |
| Parcel and ownership | Lake County Property Appraiser records |
Last reviewed 10/26/2026.
FAQ
What commercial property do you handle in Lake County?
All commercial property types, including industrial and flex, retail, office, multifamily, investment property, land, storage and IOS, for owners, investors, buyers and commercial tenants. Industrial and flex is our specialty.
Do you have an office in Lake County?
No. Our office is in Wildwood, in neighboring Sumter County. We represent clients on property throughout Florida, including Lake County.
Which Lake County areas do you evaluate?
North Lake (Lady Lake, Fruitland Park, Leesburg), central Lake (Eustis, Tavares, Mount Dora) and south Lake (Clermont, Minneola, Groveland).
What should a Lake County landowner check before selling?
Zoning and permitted uses, utility provider, which water management district and stormwater rules apply, access and easements. We review each before we price the site.
Sources
- U.S. Census Bureau, County and City Population Estimates, Vintage 2025 (as of July 1, 2025): https://www.census.gov/data/tables/time-series/demo/popest/2020s-counties-total.html; https://www.census.gov/data/tables/time-series/demo/popest/2020s-total-cities-and-towns.html (accessed 10/24/2026)
- FDOT, Annual Average Daily Traffic, 2025: https://gis.fdot.gov/arcgis/rest/services/RCI_Layers/FeatureServer/0; https://tdaappsprod.dot.state.fl.us/fto/ (sites 972005 Turnpike, 110301 SR 50, 110011 US 27 Clermont, 115116 US 27/441 Leesburg; all flag C) (accessed 10/24/2026)
- U.S. Census Bureau QuickFacts, Lake County (Economic Census 2022; Building Permits 2025; ACS 2020-2024): https://www.census.gov/quickfacts/fact/table/lakecountyflorida,FL/HSG445223 (accessed 10/24/2026)
- U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, table B19013 (median household income in the past 12 months, in 2024 dollars): https://data.census.gov/table/ACSDT5Y2024.B19013?g=050XX00US12069; summary file: https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19013.dat (accessed 10/26/2026)
- U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, Lake County, August 2026, not seasonally adjusted, preliminary: https://data.bls.gov/timeseries/LAUCN120690000000006 (labor force); https://data.bls.gov/timeseries/LAUCN120690000000003 (unemployment rate) (accessed 10/26/2026)
- OpenStreetMap road data, driving route from 609 N Old Wire Rd, Wildwood, to Leesburg City Hall, 501 W Meadow St, Leesburg, calculated with the OSRM router: https://www.openstreetmap.org/directions?engine=fossgis_osrm_car&route=28.8663%2C-82.0373%3B28.8121%2C-81.8777 (12.5 miles, 21 minutes, no traffic; run 10/26/2026)