715 LYNCH AVENUE, Leesburg, FL 34748
Mixed Use - LEESBURG, FL
- Added:
- Oct 6, 2025
- Days on Market:
- 248
- Last Refresh:
- Jun 10 at 2:06 am
Property Features for 715 LYNCH AVENUE
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- C-3
- Standard status
- Active
- APN
- 27-19-24-0400-00C-01400
- Size
- 750 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 854
Utilities
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1948
- Building materials
- Block
- Architectural style
- Other
Listing agent Jonathan Martin License #3402836 (407) 443-5491
Listing office CARLINO REAL ESTATE GROUP INC 1001 S 14th Street, Leesburg, FL (352) 326-2662
Listing date Oct 6, 2025
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.
HighLights
- C‑3 Commercial Zoning: Offers versatile options.
- Income‑Generating Potential: Tenant in place provides immediate rental revenue.
- Strategic Location: Situated just off Highway 27, close to downtown Leesburg and local schools.
- Development Opportunity: Includes an additional 0.10‑acre vacant lot.
- Flexible Usage: Suitable for investors, owner‑operators, or those seeking future development opportunities.
- Existing Home: Features a 2‑bedroom, 1‑bathroom home built with block construction.
Overview
Local Financial Insights For Mixed Use
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 | $18.0k | $24.00 |
| − Vacancy | −$2.2k | −$2.88 |
| EGI | $15.8k | $21.12 |
| − OpEx | −$5.9k | −$7.92 |
| NOI | $9.9k | $13.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Leesburg
- County
- Lake
- State
- Florida
- Longitude
- -81.888626
- Latitude
- 28.804032
