1817 Greenleaf Ln, Leesburg, FL 34748

Listing Agency: JLL | Orlando Show Phone

Listed By: Nathan Eissler, CCIM, SIOR Show Phone

Source: Moodyscre

Added: Sep 17 Changed: Oct 25 Last Checked: Nov 6 at 10:11AM

Report an Issue

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 JLL | Orlando

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 11,520-square-foot warehouse is a metal-construction industrial building with 870 square feet of office space. The facility was built in 2007 and renovated in 2019, with a newly installed fire alarm system and four grade-level roll-up doors measuring 10 by 12 feet each. Ample parking is also provided.

Located at 1817 Greenleaf Ln in Leesburg, the property offers access within 0.6 miles of US-441/US-27. M-1 Light Industrial zoning supports its warehouse and industrial classification.

Key Highlights

• 11,520 SF warehouse with 870 SF of office space
• M‑1 - Light Industrial zoning
• Four grade‑level 10x12 roll‑up doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$78,144

Cap Rate

3.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,562,880 $1.6M

Cap Rate 7%

$1,116,343 $1.1M

Cap Rate 9%

$868,267 $868.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 11,520 SF

Gross rent

$100.9K $8.76/SF

− Vacancy

−$9.0K −$0.78/SF

EGI

$91.9K $7.98/SF

− OpEx

−$13.8K −$1.20/SF

NOI

$78.1K $6.78/SF

Area

Lake County, FL

Vacancy

8.90%

Lease Rate

$8.76 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,562,880

Cap Rate 7%

$1,116,343

Cap Rate 9%

$868,267

Alternative Uses

Best Use

Warehouse

$1.12M

$976.8K – $1.30M (±1% cap)

NOI $78,144 @ 7.0% cap · market cap 3.26%

Second Best

Industrial

$919.3K

$804.4K – $1.07M (±1% cap)

NOI $64,354 @ 7.0% cap · market cap 2.68%

Theoretical Best

Office A

$3.28M

$2.87M – $3.82M (±1% cap)

NOI $229,478 @ 7.0% cap · market cap 9.56%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

ReVinylize General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Plumbing Service Dental Office Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

439

Businesses Nearby

Well-served

Demand for This Use

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

Average Price Trend$/SF for Warehouses in Leesburg, FL

$201 Jul

$132 Aug

$330 Sep

$298 Oct

Properties on Market for Warehouses in Leesburg

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Similar For Sale Nearby

See more

Mixed-Use Property with Climate-Controlled Storage

711 N 3RD ST, Leesburg, FL 34748

$1,600,000

15,300 SF

View details

Four-Unit Warehouse Building

300 Richey Rd, Leesburg, FL 34748

$1,150,000

7,700 SF

View details

Leesburg Medical Facility on 6 Acres

2500 CITRUS Blvd, Leesburg, FL 34748

$3,800,000

23,630 SF

View details

Flex Space with Roll-Up Door

113 N 7TH Street, Leesburg, FL 34748

$699,900

6,930 SF

View details

NNN-Leased Warehouse

1103 Thomas Ave, Leesburg, FL 34748

$4,350,000

41,100 SF

View details

Corner Property on South Street

2405 SOUTH STREET, Leesburg, FL 34748

$449,850

2,379 SF

View details

Manufacturing Facility with Laydown Yard

2415 GRIFFIN RD, Leesburg, FL 34748

Contact for pricing

69,256 SF

View details

Leesburg Industrial Building For Sale

3301 W Main Street, Leesburg, FL 34748

Contact for pricing

90,500 SF

View details

Food-Grade Manufacturing Campus

11 Cloud St, Leesburg, FL 34748

Contact for pricing

93,000 SF

View details

Refrigerated Cold Storage Warehouse

1801 Bradford Avenue, Leesburg, FL 34748

Contact for pricing

240,000 SF

View details

Flex Space with Truck and Trailer Parking

32322 Co Rd 473, Leesburg, FL 34788

Contact for pricing

View details

19-Unit Multifamily Condo Portfolio

706 W DIXIE Avenue, Leesburg, FL 34748

$2,050,000

14,760 SF

View details

Similar Off Market Nearby

• Thomas Avenue Self Storage. — 1210 Thomas Ave, Leesburg, FL 34748
• Nicholson Self Storage — 1210 thomas ave, leesburg, fl 34748
• StoragePUP of Leesburg — 2008 Griffin Rd, Leesburg, FL 34748
• Frito-Lay Leesburg — 1666-1720 Leesburg Commons Ct, Leesburg, FL 34748
• Evan's Self Storage & RV Parking — 2300 Tally Rd, Leesburg, FL 34748

Frequently Asked Questions

What type of property is this?

Warehouse - The property features M-1 zoning and grade-level loading access.

Where is this warehouse located?

The property is located at 1817 Greenleaf Ln Leesburg, FL.

What is the asking price?

The asking price for this property is $2,400,000.

What are key features of this property?

This property features: 11,520 SF warehouse with 870 SF of office space; M‑1 - Light Industrial zoning; Four grade‑level 10x12 roll‑up doors