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    7450 Marlo Rd Leesburg, FL 34788

    Sponsored
    For Sale
    $2,890,000

    Prime US 441 & Lake Griffin location. High development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10-acre commercial land parcel presents a unique investment opportunity in Leesburg, Florida. Boasting direct access from the heavily trafficked US Highway 441, this property also offers frontage on Lake Griffin, providing stunning views and potential waterfront amenities. Additional access is available via Marlo Road, enhancing accessibility and logistical flexibility. The property is zoned for commercial use, opening doors to a wide range of development possibilities. Potential uses could include, but are not limited to, a mobile home park, RV park, or self-storage facility. However, any intended use requires securing the necessary approvals from the Planning and Zoning department. The asking price for this fee-simple ownership opportunity is $2,890,000. Located at 7450 Marlo Rd, Leesburg, FL 34788, this property is situated in Lake County and offers significant potential for substantial returns. The property's size and strategic location make it an ideal candidate for a variety of commercial ventures. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Florida market.

    Property Features for 7450 Marlo Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • ±10‑acre site with US‑441 frontage in Leesburg, FL.
    • High‑traffic location with excellent visibility from US 441.
    • Zoned for commercial development.
    • Utilities readily available.
    • Strong demographics and high growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Buzzy's Appliances Appliance Repair Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.8330415
    Latitude
    28.8262739

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    FAQs

    What type of property is this?
    Land - Prime US 441 & Lake Griffin location. High development potential.
    Where is this land located?
    The property is located at 7450 Marlo Rd Leesburg, FL.
    What is the asking price?
    The asking price for this property is $2,890,000.
    What are key features of this property?
    This property features: ±10-acre site with US-441 frontage in Leesburg, FL.; High-traffic location with excellent visibility from US 441.; Zoned for commercial development.
    (407) 432-1740
    Request Owner's contact information
    7450 Marlo Rd Leesburg, FL 34788
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    Leesburg, FL 34788
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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
    7450 Marlo Rd Leesburg, FL 34788
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