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    1414 Main St Leesburg, FL 34748

    Sponsored
    For Sale
    $1,600,000

    Turn-key medical office, 8,189 sq ft, 1.29 acres

    Property size:
    8,189 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 8,189 square foot medical office building presents a unique investment opportunity in Leesburg, Florida. Situated on a 1.29-acre lot with ample parking (55 spaces), this property boasts a prime location just off US 441 and within a mile of UF Health Leesburg Hospital, ensuring high visibility and convenient access for patients. Originally constructed in 1997, the building underwent a substantial expansion in 2008, resulting in a versatile layout ideal for multiple medical practices. The design incorporates two distinct units, each with private entrances, waiting rooms, and reception areas, allowing for independent operation or a combined practice. The building's extensive features include 14 exam and procedure rooms, a dedicated X-ray room, and 12 bathrooms, along with multiple staff offices. The property is fully serviced by city utilities and is move-in ready, representing a turnkey solution for established or emerging medical professionals. The two-unit configuration offers the potential for owner-occupancy and leasing income, maximizing return on investment. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving healthcare market.

    Property Features for 1414 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,189 SF
    Lot Size
    56,192 SF

    Building Details

    Year Built
    1997
    Property Profile Location Intelligence

    Current Use by Public Records

    Advanced Obstetrics & Gynecology ... Obstetrician-Gynecologist Rohini Sastry PA Pain Management Physician Shivakumar S. Hanubal, ... Obstetrician-Gynecologist Manuel Alvarado, MD Obstetrician-Gynecologist Alejandro-Cord Natalia MD Obstetrician-Gynecologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.85511
    Latitude
    28.81223

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    FAQs

    What type of property is this?
    Office Property / Space - Turn-key medical office, 8,189 sq ft, 1.29 acres
    Where is this office property / space located?
    The property is located at 1414 Main St Leesburg, FL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    (352) 326-2662
    Request Owner's contact information
    1414 Main St 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
    1414 Main St Leesburg, FL 34748
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