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Medical/Professional Office Space on 441
For Sale
$1,225,000

401 E North Boulevard LEESBURG, Leesburg, FL 34748

9,800 SF medical/professional office space with highway frontage.

Property Size9,800 SF
Price / SF$125
Days on Market134

Property Features for 401 E North Boulevard LEESBURG

General Information

Standard status Active
Size 9,800 SF
Zoning C-3

Taxes and HOA fees

Annual Taxes $20,172

Amenities

Carpet,Ceramic Tile,Laminate,Luxury Vinyl
true
Public Records
Mature Landscaping
Oversized Lot,Retention Areas
Public
1.1318
1.13
false
Ground Level,Over 30 Spaces
Paved,Asphalt,Concrete
Slab
Street Paved,Highway
9800
1
Public Maintained Road

Building Details

Building Size 9,800 SF
Year Built 2005
Buildings 1
Listed By: Ellyn Siviglia
Source: Therealestatecollection
Added: Apr 24 Changed: Sep 3 Last Checked: Sep 4 at 2:57AM

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 Ellyn Siviglia

Investment Insights

Based on property information with market context.

This 9,800 sq ft building offers space for medical or professional offices with 115 feet of frontage on 441. The property features three units: one 5,800 sq ft unit currently leased for $5,000 per month with 3 years remaining on a 5-year term, and two identical 2,000 sq ft offices that are now vacant. The building is in excellent condition, with a parking lot accommodating 60+ vehicles. Recent improvements include repaving and re-striping of the parking lot and exterior painting completed last year. The large 5,800 sq ft space can be divided into two or three units. The property is located on 441, offering high road traffic and exposure. It is suitable for an owner-operator, with the potential to rent out the other units. The location is just minutes from the hospital.

Key Highlights

  • High‑traffic location on 441 with 115 feet of highway frontage, providing excellent exposure.
  • Substantial income potential** with one unit already leased at $5,000 per month and two vacant units ready for new tenants.
  • Large 9,800 sq ft building with flexible layout options.

Property Analytics

Current Use

De Jesus Maria ... Physician Dr. Michael G. ... Physician Louis Bernadin Bois Medical Clinic

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

1,342
Businesses Nearby
Under-served
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - 9,800 SF medical/professional office space with highway frontage.
Where is this medical office space located?
The property is located at 401 E North Boulevard LEESBURG Leesburg, FL.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: High‑traffic location on 441 with **115 feet of highway frontage, providing excellent exposure.**; Substantial income potential** with one unit already leased at $5,000 per month and two vacant units ready for new tenants.; Large 9,800 sq ft building with flexible layout options.
More about this property
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