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    700 Doctors Ct Leesburg, FL 34748

    For Sale
    $1,249,000

    High-yield medical office, prime location.

    Property size:
    4,028 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional investment opportunity presents a 4,028 square foot, single-tenant medical office building situated on a 0.54-acre corner lot in Leesburg, Florida. The property is located within a thriving medical plaza directly across from the University of Florida Health at Leesburg Hospital, ensuring high visibility and accessibility. The building is currently leased to UF Health Cardiology under a triple-net (NNN) lease with approximately four years remaining on the initial seven-year term, plus two three-year options. The building itself is meticulously maintained and presents a highly attractive aesthetic, reflecting the quality of the tenant and the overall medical plaza. The plaza features well-maintained buildings, ample parking, and a desirable location, just an hour from Gainesville, Orlando, and Tampa, and minutes from The Villages. This property offers a strong 5.47% capitalization rate, making it an excellent investment opportunity in Central Florida's robust healthcare market. The property is shown by appointment only

    Property Features for 700 Doctors Ct

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,028 SF
    Lot Size
    23,522 SF

    Building Details

    Year Built
    1997
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Wistar T. ... Cardiovascular And Thoracic Surgeon Andrej Jivitski, MD Anesthesiologist Chung S Peter ... Doctor Joseph J. Murray, ... Medical Clinic Dr. Mario J. ... Anesthesiologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.86834
    Latitude
    28.80442

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    FAQs

    What type of property is this?
    Office Property Space - High-yield medical office, prime location.
    Where is this office property space located?
    The property is located at 700 Doctors Ct Leesburg, FL.
    What is the asking price?
    The asking price for this property is $1,249,000.
    (352) 787-6966
    Request Owner's contact information
    700 Doctors Ct Leesburg, FL 34748
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    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
    700 Doctors Ct Leesburg, FL 34748
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