Leesburg Freestanding Retail
For Sale
Contact for pricing
901 S 14th St, Leesburg, FL
Freestanding ±14,313 SF retail building on 1.63 acres.
Property Size14,313 SF
Lot Size1.64 Acres
Price / SF$303.71
Days on Market413
Property Features for 901 S 14th St
General Information
Standard status
Active
Size
14,313 SF
Lot size
1.64 Acres
Property subtype
RETAIL
Listing Agency:
Current Real Estate Advisors
Listed By:
Alejandro Snyder · License #BK3386095
(305) 783-8890
Source:
Moodyscre
Added: Sep 11, 2025
Changed: Oct 25
Last Checked: Oct 26 at 4:05PM
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 Current Real Estate Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a freestanding retail building with approximately 14,313 square feet of space, situated on a 1.63-acre lot. It is located at the signalized corner of two main thoroughfares with a combined traffic volume exceeding 80,000 vehicles per day. These thoroughfares provide access to I-75 to the west, SR441 to the east, Orlando to the south, and Gainesville to the north. The property is located in Leesburg, Florida, which is part of the Orlando Metropolitan Statistical Area.
Key Highlights
- Freestanding ±14,313 SF Walgreens building.
- Located on 1.63 acres.
- Situated at a signalized corner with high traffic volume (80K+ VPD).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$223,060
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,461,200
$4.5M
Cap Rate 7%
$3,186,571
$3.2M
Cap Rate 9%
$2,478,444
$2.5M
Market Conditions
NOI Build-Up for 14,313 SF
Gross rent
$309.2K $21.60/SF
− Vacancy
−$11.7K −$0.82/SF
EGI
$297.4K $20.78/SF
− OpEx
−$74.4K −$5.19/SF
NOI
$223.1K $15.58/SF
Area
Lake County, FL
Vacancy
3.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,461,200
Cap Rate 7%
$3,186,571
Cap Rate 9%
$2,478,444
Alternative Uses
Best Use
Specialty Retail
$3.19M
$2.79M – $3.72M
NOI $223,060 @ 7.0% cap · market cap 5.13%
Second Best
Retail
$2.42M
$2.12M – $2.82M
NOI $169,343 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$4.07M
$3.56M – $4.75M
NOI $285,115 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
70k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 22%
Groceries 9%
Apparel 6%
Circle K
Shops & Services
26,125 visits/mo
0.1 miles
Hardee's
Dining
13,596 visits/mo
0.1 miles
7-Eleven
Shops & Services
12,434 visits/mo
0.1 miles
Save-A-Lot
Groceries
5,942 visits/mo
0.4 miles
Dollar General
Shops & Services
5,586 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- American HomePatient — 918-2 Venture Ave, Leesburg, FL 34748
- Walgreens Pharmacy — 901 S 14th St, Leesburg, FL 34748
- Lisa Ratliff — 901 S 14th St, Leesburg, FL 347486615
- George Piasare — 901 S 14th St, Leesburg, FL 347486615
- COVID-19 Drive-Thru Testing at Walgreens — 901 S 14th St, Leesburg, FL 34748
Frequently Asked Questions
What type of property is this?
Drug store - Freestanding ±14,313 SF retail building on 1.63 acres.
Where is this drug store located?
The property is located at 901 S 14th St Leesburg, FL.
What is the asking price?
The asking price for this property is $4,347,000.
What are key features of this property?
This property features: Freestanding ±14,313 SF Walgreens building.; Located on 1.63 acres.; Situated at a signalized corner with high traffic volume (80K+ VPD).
