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    1024 Dixie Ave Leesburg, FL 34748

    For Sale
    $375,000

    Prime Office Site, Near Hospital

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.76-acre commercial land parcel in Leesburg, Florida, presents a unique investment opportunity. Ideally situated on West Dixie Avenue (SR 44), a busy thoroughfare, this property boasts 255 feet of frontage, providing excellent visibility and accessibility. The location offers proximity to UF Health - Leesburg Hospital, making it particularly attractive for medical practices, but also suitable for a variety of professional office uses, including real estate, legal, or accounting firms. The four contiguous lots (Tax IDs: 26-19-24-3500-00A-00200, 26-19-24-3500-00A-00300, 26-19-24-3500-00A-00400, 26-19-24-3500-00A-00500) are zoned RP - Professional Office, ensuring flexibility for development. The serene setting includes a picturesque small pond. All city utilities are available. The asking price is $375,000, and owner financing may be considered with a substantial down payment, an 8.0% interest rate, and a 24-month balloon payment. This is a rare opportunity to acquire a highly desirable commercial property in a thriving location. Don't miss out!

    Property Features for 1024 Dixie Ave

    General Information

    Property type
    Land
    Lot Size
    33,106 SF

    HighLights

    • $375,000 asking price.
    • 0.76‑acre commercial land parcel in Leesburg, Florida.
    • RP (Professional Office) zoning.
    • Broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.8826772
    Latitude
    28.8060372

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    FAQs

    What type of property is this?
    Land - Prime Office Site, Near Hospital
    Where is this land located?
    The property is located at 1024 Dixie Ave Leesburg, FL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: $375,000 asking price.; 0.76-acre commercial land parcel in Leesburg, Florida.; RP (Professional Office) zoning.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1024 Dixie Ave Leesburg, FL 34748
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