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    401 North Ave Leesburg, FL 34748

    For Sale
    $1,480,000

    High-Visibility, 10,000+ SF Office Space

    Property size:
    10,060 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 10,060 square foot office building in Leesburg, Florida presents a compelling investment opportunity. Situated on a 1.13-acre lot with 60 recently repaved parking spaces, the property boasts high visibility from Highway 441. Its prime location is less than one mile from UF Health Leesburg and the heart of Leesburg's downtown medical district, ensuring strong tenant demand. The building is comprised of three units, offering significant flexibility. Two units, each exceeding 2,000 square feet, are ideally suited for medical or professional practices, featuring multiple offices, patient rooms, waiting areas, and reception spaces. The third unit, a substantial 5,800 square feet, offers a large open area perfect for various uses, complemented by surrounding offices and storage rooms. This unit was previously occupied by a Davita Dialysis office. The property's excellent location, ample parking, and versatile layout create exceptional upside potential for investors seeking a strong return in a thriving medical market. The asking price is $1,480,000.

    Property Features for 401 North Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    10,060 SF
    Lot Size
    49,223 SF

    Building Details

    Year Built
    2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Pharmacy Wholesale Shop Kitchen & Bath Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Orange
    State
    Florida
    Longitude
    -81.87195
    Latitude
    28.81434

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    FAQs

    What type of property is this?
    Office Property / Space - High-Visibility, 10,000+ SF Office Space
    Where is this office property / space located?
    The property is located at 401 North Ave Leesburg, FL.
    What is the asking price?
    The asking price for this property is $1,480,000.
    (813) 641-8300
    Request Owner's contact information
    401 North Ave Leesburg, FL 34748
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 North Ave Leesburg, FL 34748
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