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    Leesburg Mixed-Use Commercial Property

    711 N 3RD ST Leesburg, FL 34748

    Claim this Listing
    For Sale
    $1,600,000

    Warehouse - LEESBURG, FL

    Type:Single Family Residence
    Property size:
    15,300 SF
    Lot size:
    0.87 Acres
    Price / SF:
    $104/SF
    Added:
    Jul 21, 2025
    Days on Market:
    356
    Last Refresh:
    Jul 11 at 6:06 pm

    Property Features for 711 N 3RD ST

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Residence
    Zoning
    C-3
    Standard status
    Active
    APN
    23-19-24-1100-000-00507
    Size
    15,300 SF
    Lot size
    0.87 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    17028

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2005
    Building materials
    Metal Siding
    Roof type
    Metal, Shingle
    Architectural style
    Other

    Listing agent Raghu Bodhanapu License #3326683

    Listing office OLYMPUS EXECUTIVE REALTY INC 16903 Lakeside Dr #6, MONTVERDE, FL

    Listing date Jul 21, 2025

    MLS# O6329154 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    Located in Leesburg, Florida, this mixed-use commercial property features three fully leased medical office suites and climate-controlled self-storage units, totaling 15,300 square feet. The property is situated just off SR-441, surrounded by medical and financial offices. The front medical suites, totaling 3,200 square feet, are leased under three-year agreements. These suites can be leased individually or as a combined space. The self-storage facility offers a range of unit sizes from 20 square feet up to 770 square feet, all climate-controlled and located across two levels, with elevator access to the upper floor. Unit configurations can be customized. The facility operates with a fully automated management system, allowing for remote operation, online bookings, digital payments, and secure access. The property is located on a 0.87-acre lot and is zoned C-3. The property is located in one of the fastest-growing areas of Central Florida.

    Key Highlights

    • Turnkey, fully operational self‑storage facility with immediate cash flow.
    • High‑performing mixed‑use property with fully leased medical office suites and climate‑controlled self‑storage units.
    • Voted #1 Self Storage Facility in 2024, indicating quality and customer satisfaction.

    Local Financial Insights For Self Storage

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $220.3k $14.40
    − Vacancy −$15.4k −$1.01
    EGI $204.9k $13.39
    − OpEx −$61.5k −$4.02
    NOI $143.4k $9.37
    15,300 SF · lease $14.40/SF/yr · vacancy 7.00% · expense 30.00%

    Alternative Uses

    Best Use
    Office B
    $3.27M
    $2.86M – $3.81M (±1% cap)
    NOI $228,582 @ 7.0% cap · market cap 14.29%
    Second Best
    Healthcare Medical
    $3.12M
    $2.73M – $3.64M (±1% cap)
    NOI $218,117 @ 7.0% cap · market cap 13.63%
    Theoretical Best
    Office A
    $4.35M
    $3.81M – $5.08M (±1% cap)
    NOI $304,776 @ 7.0% cap · market cap 19.05%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Aegis Medical Group, ... Corporate Office Leesburg Self Storage, ... Storage Facility

    Suggested Use

    Parking Lot & Garage Locksmith Catering Service Grocery & Convenience Store Bakery Pet Grooming Service Florist (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Self storage facility - Turnkey investment opportunity with medical suites and self-storage units.
    Where is this self storage facility located?
    The property is located at 711 N 3RD ST Leesburg, FL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Turnkey, fully operational self‑storage facility with immediate cash flow.; High‑performing mixed‑use property with fully leased medical office suites and climate‑controlled self‑storage units.; Voted #1 Self Storage Facility in 2024, indicating quality and customer satisfaction.
    Contact an agent
    (407) 334-7545
    We can help!
    Contact an agent
    Raghu Bodhanapu
    Real Estate License ID: 3326683
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