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    Us-27 Leesburg, FL 34748

    For Sale
    $1,599,000

    Prime Hwy 27 Lake Harris acreage. High visibility, C-3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4.43-acre property boasts a prime location at the intersection of US Highway 27 and Howard Road in Leesburg, Florida. Offering over 300 feet of Lake Harris frontage and over 940 feet of US Highway 27 frontage, this site provides unparalleled visibility and accessibility. The C-3 zoning allows for a diverse range of commercial and residential uses, including hotels, restaurants, marinas, offices, and multi-family developments. The comprehensive plan permits up to 18 units per acre, presenting significant development potential. This location benefits from high traffic counts, with an average of 37,500 vehicles daily on US Highway 27. Its proximity to major transportation arteries like I-75, the Florida Turnpike, and US 441, as well as popular destinations such as The Villages, Orlando, and Disney World (all within an hour's drive), further enhances its desirability. The property is situated on the Harris Chain of Lakes, renowned for its championship fishing and stunning natural beauty. The area also offers world-class golfing and is near the rapidly expanding Lake Denham Estates and The Villages, adding to the long-term growth potential. The property's APN is 02-20-24-000200000501, and it is offered for sale at $1,599,000 as a fee simple ownership. This is a rare opportunity to acquire a significant commercial and residential development site in a high-growth area of Central Florida.

    Property Features for 0 Us-27

    General Information

    Property type
    Land
    Lot Size
    192,971 SF

    HighLights

    • 4.43 acres on Lake Harris, Harris Chain of Lakes.
    • High‑visibility corner lot on US Hwy 27 and Howard Rd.
    • Excellent access and visibility.
    • 300 feet of Lake Harris frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.8876766
    Latitude
    28.7809153

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    FAQs

    What type of property is this?
    Land - Prime Hwy 27 Lake Harris acreage. High visibility, C-3 zoning.
    Where is this land located?
    The property is located at Us-27 Leesburg, FL.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: 4.43 acres on Lake Harris, Harris Chain of Lakes.; High-visibility corner lot on US Hwy 27 and Howard Rd.; Excellent access and visibility.
    (352) 396-9136
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    Us-27 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
    Us-27 Leesburg, FL 34748
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