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    605-625 State Road 44 Leesburg, FL 34748

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    For Sale
    $950,000

    3.11 acre commercial land with high visibility near The Villages.

    Lot size:
    0.24 Acres

    Property Features for 605-625 State Road 44

    General Information

    Lot size
    0.24 Acres

    Source: AKIN REALTY COMPANY Agent Fran Dann-Akin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land Near The Villages

    This property features 3.11 +/- acres of land, as per a 2008 survey, with 870 feet of frontage on State Road 44. It offers excellent visibility and is located less than a mile from The Villages, specifically east of County Road 468 and Morse Boulevard, within The Villages' expanding area. Lake Deaton Plaza, which includes a Publix, Campus USA Credit Union, Walgreens, Chase Bank, Piesanos Stone Fired Pizza, and Circle K, is located 1.5 miles west of the property. The property is an outparcel to the entrance of Pennbrooke Fairways, a 55+ community consisting of 1,200 homes on 538 acres. City utilities are nearby, and community water is a possibility. The Future Land Use code is Rural Transition, and the zoning is CP Planned Commercial. The Average Annual Daily Traffic (AADT) is 25,000 cars per day, according to the Florida Department of Transportation.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop Kitchen & Bath Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.943619
    Latitude
    28.8182029

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    FAQs

    What type of property is this?
    Land - 3.11 acre commercial land with high visibility near The Villages.
    Where is this land located?
    The property is located at 605-625 State Road 44 Leesburg, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Excellent visibility with **870 ft frontage on SR 44**, less than a mile from The Villages.; - Located in The Villages BOOMING expansion area, east of CR 468 and Morse Blvd.; - High traffic volume: AADT 25,000 cars per day (FDOT).
    (352) 266-7795
    Request Owner's contact information
    605-625 State Road 44 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
    605-625 State Road 44 Leesburg, FL 34748
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