Leesburg Industrial Building For
3301 W Main Street, Leesburg, FL 34748
90,500 SF industrial building on 7.55 acres in Leesburg, FL.
Type:Industrial
Property size:
90,500 SFLot size:
7.55 AcresPrice / SF:
$84/SF- Added:
- Mar 31, 2023
- Days on Market:
- 1156
- Last Refresh:
- May 12 at 8:28 pm
Property Features for 3301 W Main Street
General Information
- Standard status
- Active
- Size
- 90,500 SF
- Lot size
- 7.55 Acres
- Property subtype
- Industrial
Listing agent JEFF GRAY License #FLBK3364999
Listing office CBRE - Orlando
Listing date Mar 31, 2023
Source Crexi
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 CBRE - Orlando
HighLights
- 90,500 SF standalone industrial building on 7.55 acres
- Features 87,000 SF of warehouse space and 3,500 SF of office space
- Excellent visibility with frontage to 20,500 vehicles per day off Hwy 44
- Heavy water supply suitable for manufacturing
- High ceiling height ranging from 18' to 34'
- Features 8 dock doors, 3 drive‑in doors, and a wet sprinkler system
Overview
Located at 3301 W Main Street in Leesburg, FL, this standalone industrial building offers a total of 90,500 SF on a 7.55-acre lot. The property includes 87,000 SF of warehouse space and 3,500 SF of office space. The building is equipped for heavy manufacturing operations and features ceiling heights ranging from 18' to 34'. It includes 8 dock doors, 3 drive-in doors, and a wet sprinkler system. The property provides ample parking spaces and secured outside storage. Situated off Hwy 44, the property benefits from frontage with visibility to 20,500 vehicles per day. It provides immediate access to Highway 27, facilitating connections to major transportation routes and easy access to Orlando and The Villages. The property has heavy water supply.
Local Financial Insights For Warehouse
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 | $792.8k | $8.76 |
| − Vacancy | −$70.6k | −$0.78 |
| EGI | $722.2k | $7.98 |
| − OpEx | −$108.3k | −$1.20 |
| NOI | $613.9k | $6.78 |
90,500 SF · lease $8.76/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$8.77M
$7.67M – $10.23M
NOI $613,889 @ 7.0% cap · market cap 7.98%
Second Best
Industrial
$7.22M
$6.32M – $8.43M
NOI $505,556 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$25.75M
$22.53M – $30.05M
NOI $1,802,760 @ 7.0% cap · market cap 23.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Universal Beverages Inc
Logistics Company
Location Insight
- Map
- Local Demand
- City
- Leesburg
- County
- Lake
- State
- Florida
- Longitude
- -81.9170706
- Latitude
- 28.8113008
Nearby Similar for Sale
FAQs
What type of property is this?
Manufacturing property - 90,500 SF industrial building on 7.55 acres in Leesburg, FL.
Where is this manufacturing property located?
The property is located at 3301 W Main Street Leesburg, FL.
What is the asking price?
The asking price for this property is $7,690,000.
What are key features of this property?
This property features: 90,500 SF standalone industrial building on 7.55 acres; Features 87,000 SF of warehouse space and 3,500 SF of office space; Excellent visibility with frontage to 20,500 vehicles per day off Hwy 44
