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    1715 Citrus Blvd Leesburg, FL 34748

    Sponsored
    For Lease
    Contact for pricing

    High-traffic location, 1-acre commercial land.

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Leesburg, Florida. Strategically located at 1715 Citrus Blvd, 34748, this outlot enjoys a prime position at the entrance of a thriving Rural King store. The site benefits from exceptionally high visibility and traffic counts, exceeding 43,000 vehicles daily. This ensures significant exposure for any future development. The property is situated amongst a robust retail environment, including established businesses such as Walmart, Bealls, Publix, and Aldi, creating a strong synergy and attracting a substantial customer base. Furthermore, the proximity to The Villages, Florida's premier active adult community (less than 10 miles away and encompassing over 125,000 residents across three counties), provides access to a large and affluent demographic. While the site currently features a detention pond, it is important to note that re-engineering will be required to prepare the land for construction. This presents a chance to develop a highly visible and accessible commercial property in a rapidly growing area with a proven track record of success. The single-tenancy land parcel offers flexibility for a variety of commercial uses, making it an attractive proposition for investors and developers alike.

    Property Features for 1715 Citrus Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF

    Unit(s) available at that property

    Space
    1-AC Outlot
    Size
    43,560 SF

    HighLights

    • 1‑acre commercial land parcel in Leesburg, FL, at 1715 Citrus Blvd, 34748.
    • High‑visibility outlot at entrance to Rural King, exceeding 43,000 vehicles daily.
    • Strong retail synergy with nearby Walmart, Bealls, Publix, and Aldi.
    • Proximity to The Villages, a large active adult community.
    • Requires detention pond re‑engineering prior to construction.
    • Flexible single‑tenancy parcel suitable for various commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rural King Guns Gun Shop Rural King Tractors Tractor Dealer Rural King Farm Equipment Supplier TNT Fireworks Fireworks Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -81.889088997392
    Latitude
    28.833518120865

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    FAQs

    What type of property is this?
    Land - High-traffic location, 1-acre commercial land.
    Where is this land located?
    The property is located at 1715 Citrus Blvd Leesburg, FL.
    What are key features of this property?
    This property features: 1-acre commercial land parcel in Leesburg, FL, at 1715 Citrus Blvd, 34748.; High-visibility outlot at entrance to Rural King, exceeding 43,000 vehicles daily.; Strong retail synergy with nearby Walmart, Bealls, Publix, and Aldi.
    Request Owner's contact information
    1715 Citrus Blvd 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
    1715 Citrus Blvd Leesburg, FL 34748
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