Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    700 Doctors Ct Leesburg, FL 34748

    Sponsored
    For Sale
    $1,225,000

    High-yield medical office, prime location.

    Property size:
    4,028 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 4,028-square-foot medical office building situated on a 0.53-acre corner lot in a thriving medical plaza directly across from UF Health Leesburg Hospital in Leesburg, Florida. The property boasts a Class B building with a single tenant, UF Health Cardiology, under a Net Lease agreement. The current lease has a remaining term of four years, with a total initial lease term of seven years and two three-year options. The building is meticulously maintained and features excellent visibility due to its prime location within the medical plaza. The asking price is $1,225,000, representing a 5.58% capitalization rate. The property's address is 700 Doctors Ct, Leesburg, FL 34748, and its APN is 3776366. This fee-simple ownership offers a strong, stable income stream with a long-term tenant in a high-demand medical market. The property's convenient location provides easy access to major transportation routes, placing it within an hour's drive of Gainesville, Orlando, and Tampa, and just minutes from The Villages. This is an excellent opportunity for investors seeking a stable, high-yield investment in a rapidly growing area of Central Florida. All information is believed to be accurate but is not guaranteed and is subject to verification.

    Property Features for 700 Doctors Ct

    General Information

    Property type
    Medical offices
    Square Feet
    4,028 SF
    Class
    B
    Lot Size
    23,087 SF

    Building Details

    Buildings
    1

    HighLights

    • 5.47% Cap Rate, Medical Office Building, Single‑Tenant Cardiology Practice.
    • 4,028 SF Building on a 0.53‑acre lot.
    • Corner Lot in established Medical Plaza across from UF Health Leesburg Hospital.
    • Attractive, well‑maintained Medical Plaza with excellent signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Wistar T. ... Cardiovascular And Thoracic Surgeon Andrej Jivitski, MD Anesthesiologist Chung S Peter ... Doctor Joseph J. Murray, ... Medical Clinic Dr. Mario J. ... Anesthesiologist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.868810091638
    Latitude
    28.804508992803

    Nearby Similar for Sale

    • $1,295,000
      7,339 SF

      Leesburg Island Multifamily Investment

      Unique island property with diverse income potential near Harris Chain.
      11325 Ocklawaha Dr, Leesburg, FL 34788
      View Details
    • $6,500,000
      Pending

      Leesburg Multifamily Investment Opportunity

      48-unit apartment complex near downtown Leesburg, fully leased by college.
      600 W Oak Terrace Dr, Leesburg, FL 34748
      View Details
    • $2,500,000
      21,883 SF

      Leesburg Mobile Home and RV Park

      Gated 55+ community with expansion potential near city utilities.
      28313 Us Highway 27, Leesburg, FL 34748
      View Details
    • $599,000
      2,968 SF

      Downtown Leesburg Professional Office Building

      Well-maintained office building in downtown Leesburg with tenant in place.
      1029 W Magnolia St, Leesburg, FL 34748
      View Details
    • New
      $449,900
      Pending

      Leesburg Multifamily Investment Opportunity

      Fully occupied 6-unit property near downtown Leesburg.
      1120 Webster St, Leesburg, FL 34748
      View Details
    • $2,090,000
      14,760 SF

      Leesburg Multifamily Investment Opportunity

      19-unit condo package with HOA control in Leesburg, Florida.
      706 W Dixie Ave, Leesburg, FL 34748
      View Details
    • $450,000
      1,454 SF

      Leesburg Triplex Investment Opportunity

      Fully rented triplex in Leesburg, Florida, with immediate rental income.
      1611 Indian Trl, Leesburg, FL 34748
      View Details
    • $1,650,000
      15,300 SF

      Leesburg Mixed-Use Commercial Property

      Turnkey investment opportunity with medical suites and climate-controlled self-storage units.
      711 N 3Rd St, Leesburg, FL 34748
      View Details
    • $30,000
      0.08 Acres

      Leesburg 55+ Community Lot

      Desirable 55+ community lot with low HOA fees.
      204 Allyson Rd, Leesburg, FL 34788
      View Details
    • $1,900,000
      Pending

      Leesburg Retail/Flex Space For Sale

      7,000 SF retail/flex space with highway frontage and established tenant.
      1135 E North Blvd, Leesburg, FL 34748
      View Details
    • $3,800,000
      23,630 SF

      Leesburg Medical Facility on 6 Acres

      23,630 SF medical facility on 6.04 acres in Leesburg, FL.
      2500 Citrus Blvd, Leesburg, FL 34748
      View Details
    • $275,000
      21,250 SF

      Luxury Storage Condos For Sale

      New construction flex storage condos for vehicles, RVs, and business.
      3384 W Main St, Leesburg, FL 34748
      View Details

    FAQs

    What type of property is this?
    Medical office - High-yield medical office, prime location.
    Where is this medical office located?
    The property is located at 700 Doctors Ct Leesburg, FL.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: 5.47% Cap Rate, Medical Office Building, Single-Tenant Cardiology Practice.; 4,028 SF Building on a 0.53-acre lot.; Corner Lot in established Medical Plaza across from UF Health Leesburg Hospital.
    Request Owner's contact information
    700 Doctors Ct Leesburg, FL 34748
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    700 Doctors Ct
    Leesburg, FL 34748
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    700 Doctors Ct Leesburg, FL 34748
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.