Office Suite with Lighted
For Sale
Contact for pricing
1326 W NORTH BOULEVARD #1, Leesburg, FL 34748
The suite has three rooms, shared restrooms, and access to plaza parking.
Property Size27,927 SF
Price / SF$0.52
Days on Market22
Property Features for 1326 W NORTH BOULEVARD #1
General Information
Standard status
Active
Size
27,927 SF
Property subtype
Office
Zoning
C-3
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
shared common restrooms
lighted signage
Building Details
Year Built
1965
Listing Agency:
GRIZZARD COMMERCIAL REALESTATE
(352) 787-6966
Listed By:
Daniel Tatro · License #3190991
(352) 396-9136
Source:
Dennisrealty
Added: Sep 29
Changed: Oct 19
Last Checked: Oct 19 at 9:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GRIZZARD COMMERCIAL REALESTATE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 675 +/- SF office suite is arranged in three rooms and shares common restrooms with other plaza occupants. Lighted signage and parking are available at Boulevard Arcade.
The property fronts US Hwy 441 in Leesburg and carries C-3 zoning. FDOT reports an average of 43,000 trips per day on the highway.
The property fronts US Hwy 441 in Leesburg and carries C-3 zoning. FDOT reports an average of 43,000 trips per day on the highway.
Key Highlights
- 675 +/- SF suite with a three‑room layout
- Lighted signage at Boulevard Arcade
- Shared common restrooms and plaza parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$417,229
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,344,580
$8.3M
Cap Rate 7%
$5,960,414
$6.0M
Cap Rate 9%
$4,635,878
$4.6M
Market Conditions
NOI Build-Up for 27,927 SF
Gross rent
$670.2K $24.00/SF
− Vacancy
−$113.9K −$4.08/SF
EGI
$556.3K $19.92/SF
− OpEx
−$139.1K −$4.98/SF
NOI
$417.2K $14.94/SF
Area
Lake County, FL
Vacancy
17.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,344,580
Cap Rate 7%
$5,960,414
Cap Rate 9%
$4,635,878
Alternative Uses
Best Use
Office B
$5.96M
$5.22M – $6.95M
NOI $417,229 @ 7.0% cap · market cap 2,897.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.95M
$6.95M – $9.27M
NOI $556,306 @ 7.0% cap · market cap 3,863.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
Explore this area
Business Placement
Demographics for 34748, FL
45,481
Population
25,740
Households
1.8
Avg Household Size
60
Median Age
24%
College-Educated
90%
High-School Grad
39.4 sq mi
ZIP Area
1,154
Density / Sq Mi
$53,768
Median Household Income
$30,762
Median Earnings
$1,181
Median Rent
$226,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite has three rooms, shared restrooms, and access to plaza parking.
Where is this office unit located?
The property is located at 1326 W NORTH BOULEVARD #1 Leesburg, FL.
What are key features of this property?
This property features: 675 +/- SF suite with a three‑room layout; Lighted signage at Boulevard Arcade; Shared common restrooms and plaza parking
