Leesburg Industrial Building For
For Sale
Contact for pricing
3301 W Main Street, Leesburg, FL 34748
90,500 SF industrial building on 7.55 acres in Leesburg, FL.
Property Size90,500 SF
Lot Size7.55 Acres
Price / SF$77.35
Days on Market1293
Property Features for 3301 W Main Street
General Information
Standard status
Active
Size
90,500 SF
Lot size
7.55 Acres
Property subtype
Industrial
Zoning
C-3
Building Details
Buildings
1
Stories
1
Units
1
Listing Agency:
CBRE - Orlando
Listed By:
JEFF GRAY · License #FLBK3364999
(407) 506-6016
Source:
Crexi
Added: Mar 31, 2023
Changed: Oct 3
Last Checked: Oct 12 at 8:11PM
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
Investment Insights
Based on property information with market context.
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.
Key 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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$613,889
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,277,780
$12.3M
Cap Rate 7%
$8,769,843
$8.8M
Cap Rate 9%
$6,820,989
$6.8M
Market Conditions
NOI Build-Up for 90,500 SF
Gross rent
$792.8K $8.76/SF
− Vacancy
−$70.6K −$0.78/SF
EGI
$722.2K $7.98/SF
− OpEx
−$108.3K −$1.20/SF
NOI
$613.9K $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%
$12,277,780
Cap Rate 7%
$8,769,843
Cap Rate 9%
$6,820,989
Alternative Uses
Best Use
Warehouse
$8.77M
$7.67M – $10.23M
NOI $613,889 @ 7.0% cap · market cap 8.77%
Second Best
Industrial
$7.22M
$6.32M – $8.43M
NOI $505,556 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$25.75M
$22.53M – $30.05M
NOI $1,802,760 @ 7.0% cap · market cap 25.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
237
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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 $7,000,000.
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
