Highway Commercial Flex and
727 S 14th Street Leesburg, FL 34748
727 S 14th Street, Leesburg, FL, 34748
$1,750,000
For Sale
$1,750,000
Four-property commercial offering with a warehouse, offices, fenced parking, and long frontage on Hwy 27.
Property Size14,479 SF
Price / SF$120.86
Days on Market411
Property Features for 727 S 14th Street
General Information
- Standard status
- Active
- Size
- 14,479 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1946
Listing agency
CARLINO REAL ESTATE GROUP INC
(352) 326-2662
Listed by
Jonathan Martin · License #SL3402836
Source
Xome
Added: Jun 7, 2025 Updated: Jul 21 at 11:56PM Checked: Jul 21 at 11:56PM
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 CARLINO REAL ESTATE GROUP INC
Investment Insights
Based on property information with market context.
The main building is a 14,479-square-foot commercial structure located directly on Hwy 27 and includes more than 20 private offices, multiple conference and storage rooms, restrooms, and a warehouse area with a roll-up bay door. The property also features an existing firewall, two monument signs, and a fenced-in parking area. The layout could potentially be converted into two units with independent parking and entrances.
The offering includes four zoned C3/highway commercial parcels, providing flexibility for a range of commercial uses. The main building and adjacent commercial parcel each benefit from dual ingress and egress points via Hwy 27 and Lynch Avenue. FDOT data cited in the listing indicates over 300 feet of frontage with an average daily traffic volume of 26,500 trips.
Additional improvements and parcels included are a 0.67-acre adjacent commercial lot with direct Hwy 27 frontage, a 750-square-foot residential home with two bedrooms and one bathroom at 715 Lynch Avenue, and a 0.10-acre vacant parcel at 713 Lynch Avenue positioned to the rear of the main commercial building. Other listed features include city utilities, a long-range radio tower, a substantial walk-in safe, and access to public transportation nearby.
The offering includes four zoned C3/highway commercial parcels, providing flexibility for a range of commercial uses. The main building and adjacent commercial parcel each benefit from dual ingress and egress points via Hwy 27 and Lynch Avenue. FDOT data cited in the listing indicates over 300 feet of frontage with an average daily traffic volume of 26,500 trips.
Additional improvements and parcels included are a 0.67-acre adjacent commercial lot with direct Hwy 27 frontage, a 750-square-foot residential home with two bedrooms and one bathroom at 715 Lynch Avenue, and a 0.10-acre vacant parcel at 713 Lynch Avenue positioned to the rear of the main commercial building. Other listed features include city utilities, a long-range radio tower, a substantial walk-in safe, and access to public transportation nearby.
Key Highlights
- 14,479 SF main commercial building on Hwy 27 with 300+ feet of frontage and ~26,500 average daily trips (per FDOT).
- C3/highway commercial zoning across four properties with dual ingress/egress via Hwy 27 and Lynch Avenue.
- Main building includes 20+ private offices, conference and storage rooms, multiple restrooms, and a warehouse with a roll‑up bay door.
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 | $126.8k | $8.76 |
| − Vacancy | −$11.3k | −$0.78 |
| EGI | $115.5k | $7.98 |
| − OpEx | −$17.3k | −$1.20 |
| NOI | $98.2k | $6.78 |
14,479 SF · lease $8.76/SF/yr · vacancy 8.90% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.09M
$2.70M – $3.61M
NOI $216,316 @ 7.0% cap · market cap 12.36%
Second Best
Warehouse
$1.40M
$1.23M – $1.64M
NOI $98,215 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$4.12M
$3.61M – $4.81M
NOI $288,422 @ 7.0% cap · market cap 16.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Springstead Engineering Inc
Engineering Consultant
Bob's Discount Liquor
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Debra Davis Catering — 1 Dozier Cir, Leesburg, FL 34748
FAQs
What type of property is this?
Flex space - Four-property commercial offering with a warehouse, offices, fenced parking, and long frontage on Hwy 27.
Where is this flex space located?
The property is located at 727 S 14th Street Leesburg, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 14,479 SF main commercial building on Hwy 27 with 300+ feet of frontage and ~26,500 average daily trips (per FDOT).; C3/highway commercial zoning across four properties with dual ingress/egress via Hwy 27 and Lynch Avenue.; Main building includes 20+ private offices, conference and storage rooms, multiple restrooms, and a warehouse with a roll‑up bay door.
