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    1715 Citrus Blvd Leesburg, FL 34748

    For Sale
    Contact for pricing

    High-traffic location, 1-acre outlot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 1-acre outparcel in Leesburg, Florida, presents a prime retail investment opportunity. Located at 1715 Citrus Blvd, this site boasts a highly visible position at the entrance of a thriving Rural King store, experiencing over 43,000 vehicles passing daily. The property benefits from its strategic location amongst a successful retail cluster, including established national brands such as Walmart, Bealls, Publix, and Aldi. This ensures high foot traffic and strong consumer demographics. Adding to its appeal, The Villages, Florida's premier active adult community, is conveniently located less than 10 miles away, encompassing three counties and boasting over 125,000 residents. While the site currently features a detention pond, it is important to note that re-engineering will be required to prepare the land for development. This presents a unique chance to develop a retail space in a high-demand area with significant growth potential. The property's address is 1715 Citrus Blvd, Leesburg, FL 34748, in Lake County. The site's coordinates are 28.833592500784274 latitude and -81.88914090273357 longitude. This is a rare opportunity to secure a highly desirable retail outparcel in a flourishing market.

    Property Features for 1715 Citrus Blvd

    General Information

    Property type
    Individual retail properties
    Lot Size
    43,560 SF

    HighLights

    • 1‑Acre outparcel in Leesburg, FL, at the entrance to a Rural King store.
    • High traffic count 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.
    Property Profile Insight Report 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
    -81.889140902734
    Latitude
    28.833592500784

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, 1-acre outlot.
    Where is this individual retail property located?
    The property is located at 1715 Citrus Blvd Leesburg, FL.
    What are key features of this property?
    This property features: 1-Acre outparcel in Leesburg, FL, at the entrance to a Rural King store.; High traffic count 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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    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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