Two-Unit Retail Building with
107 S 14TH Street Leesburg, FL 34748
For Sale
$750,000
SINGLE_FAMILY - LEESBURG, FL
Property Size3,956 SF
Lot Size0.32 Acres
Price / SF$189.59
Days on Market167
Property Features for 107 S 14TH Street
General Information
Property type
Residential
Property subtype
Retail
Zoning
C-3
Standard status
Active
APN
26-19-24-3900-018-00101
Size
3,956 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LEESBURG LOT 1 BLK 18--LESS FROM SW COR OF LOT 1 BLK 18 RUN N 00DEG 00MIN 00SEC E 191.26 FT FOR POB RUN S 89DEG 38MIN 39SEC E 72.50 FT TO W'LY R/W OF US HWY 27 N 00DEG 56MIN 10SEC E 78.84 FT N 89DEG 03MIN 50SEC W 6 FT N 21DEG 31MIN 25SEC W 39.35 FT N 89DEG 46MIN 15SEC W 53.35 FT S 00DEG 00MIN 00SEC W 115.30 FT TO POB--PB 2 PG 19 ORB 1918 PG 0464 ORB 1990 PG 2332
Tax Annual Amount
3727
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1958
Building materials
Block
Listing Agency:
ENGEL & VOLKERS CLERMONT
(407) 905-6700
Listed By:
John Hart, PLLC
(407) 432-8612
Added: Feb 11
Changed: Jul 20
Last Checked: Jul 28 at 3:06AM
MLS# O6381816
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.
This two-unit retail building is positioned for businesses seeking a C-3 zoning designation, with the space currently divided into two separate units. The property includes a billboard on site, adding exterior brand presence.
The building is located on Highway 27 in Leesburg, Florida, which supports straightforward visibility for retail operations.
With its two-unit configuration and C-3 zoning, the property can accommodate a variety of retail uses within the constraints of the zoning designation.
The building is located on Highway 27 in Leesburg, Florida, which supports straightforward visibility for retail operations.
With its two-unit configuration and C-3 zoning, the property can accommodate a variety of retail uses within the constraints of the zoning designation.
Key Highlights
- 2‑unit retail building with on‑site billboard on Highway 27
- 3,956 SF building divided into two units, suited for a range of C‑3 zoned businesses
- Construction materials: block
Financial Insights For Retail
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 | $71.2k | $18.00 |
| − Vacancy | −$4.3k | −$1.10 |
| EGI | $66.9k | $16.90 |
| − OpEx | −$20.1k | −$5.07 |
| NOI | $46.8k | $11.83 |
3,956 SF · lease $18.00/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$668.6K
$585.1K – $780.1K
NOI $46,805 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$985.1K – $1.31M
NOI $78,804 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Two-unit retail building on Highway 27, zoned C-3, with a billboard on site.
Where is this retail space located?
The property is located at 107 S 14TH Street Leesburg, FL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2‑unit retail building with on‑site billboard on Highway 27; 3,956 SF building divided into two units, suited for a range of C‑3 zoned businesses; Construction materials: block
