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    1401 State Road 44 Leesburg, FL 34748

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    For Sale
    $4,499,000

    40+/- acres, utilities, high traffic, development potential near The Villages.

    Lot size:
    40.00 Acres

    Property Features for 1401 State Road 44

    General Information

    Lot size
    40.00 Acres

    Source: GRIZZARD COMMERCIAL REALESTATE Agent Daniel Tatro

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

    Overview

    Leesburg Commercial-Industrial PUD Opportunity

    This is an entitled PUD opportunity consisting of 40+/- acres for a commercial-industrial PUD. The site is located within the City of Leesburg, with city utilities including natural gas nearby. The property features over 700 feet of frontage on State Road 44 with a median cut, plus 680 feet on Veech Road, and access from Jones Drive. It is located just 3 minutes from The Villages and Morse Road, a major north-south corridor in The Villages. State Road 44 is one of The Villages' major east-west arteries. The location benefits from 21,500 FDOT average trips per day, and this number is increasing. The site is a few miles from I-75 and the Florida Turnpike, making it suitable as a Central Florida service location. Orlando is less than an hour away, and Tampa is just over an hour away. Numerous potential development uses exist for the property. There are structures on the property, but the value is in the land. The property has cattle, so do not enter without the listing agent.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Department Store Kitchen & Bath Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.9298662
    Latitude
    28.8134587

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    FAQs

    What type of property is this?
    Land - 40+/- acres, utilities, high traffic, development potential near The Villages.
    Where is this land located?
    The property is located at 1401 State Road 44 Leesburg, FL.
    What is the asking price?
    The asking price for this property is $4,499,000.
    What are key features of this property?
    This property features: - Entitled PUD Opportunity: 40+/- acres for Commercial-Industrial PUD within the City of Leesburg.; - Strategic Location: Just 3 minutes to The Villages and major corridors (Morse Rd & SR 44).; - High Traffic Volume: Over 700' frontage on SR 44 with median cut and 21,500 FDOT Avg trips per day.
    (352) 396-9136
    Request Owner's contact information
    1401 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
    1401 State Road 44 Leesburg, FL 34748
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