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    County Rd 48 & Us Hwy 27 Leesburg, FL 34748

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    For Lease
    Contact for pricing

    Prime Retail Land, US-27 Frontage

    Lot size:
    426,888 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 9.8-acre commercial land parcel presents a unique investment opportunity in the thriving Leesburg, Florida market. Located at the high-traffic intersection of County Road 48 and US Highway 27, this property offers unparalleled visibility and accessibility. The site is zoned for retail development and currently has one available space. This development boasts a flexible build-to-suit (BTS) and ground lease (GL) options, allowing for customized development to meet specific business needs. The property's strategic location provides direct access to US-27, ensuring high traffic volume and excellent exposure for any retail establishment. The presence of a national grocery anchor further enhances the desirability and potential for success within this development. This is an ideal location for businesses seeking high visibility and convenient access to a large customer base. The property's size and location make it suitable for a variety of retail uses, offering significant potential for growth and return on investment. Located in Lake County, Florida, with a zip code of 34748, this property is situated in a rapidly growing area with a strong economy and a large population base. The site's multiple tenancy allows for diverse development options, catering to a wide range of retail businesses. Don't miss this chance to secure a prime location in a dynamic market.

    Property Features for 0 County Rd 48 & Us Hwy 27

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    426,888 SF

    Unit(s) available at that property

    Space
    South Leesburg Development
    Size
    426,888 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.877069206914
    Latitude
    28.749044201327

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    FAQs

    What type of property is this?
    Land - Prime Retail Land, US-27 Frontage
    Where is this land located?
    The property is located at County Rd 48 & Us Hwy 27 Leesburg, FL.
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    County Rd 48 & Us Hwy 27 Leesburg, FL 34748
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    Leesburg, FL 34748
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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
    County Rd 48 & Us Hwy 27 Leesburg, FL 34748
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