Leesburg, FL 34748
- Office Properties & Spaces
- 5,850 SF
- 0.68 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details
- Year built
- 1981
- Lot size
- 0.68 lot acres
- Property size
- 5,850 SF
- Property type
- Office Properties & Spaces
Description
This exceptional commercial property in Leesburg, Florida presents a lucrative investment opportunity. The offering encompasses two strategically located buildings totaling 5,850 square feet, situated on a 0.68-acre lot at a high-traffic corner of US Highway 441 and Mills Street, with additional access on E Line Street. Building 1014, comprising 2,376+ square feet, is currently divided into two separately leased units. Building 1020 offers a single, larger unit of 3,474+ square feet, previously occupied by a law office and medical offices. The property boasts excellent visibility and signage, benefiting from over 240 feet of frontage on US Highway 441, a major thoroughfare with an average daily traffic count of 31,000 vehicles (FDOT data). The C-3 zoning within the City of Leesburg allows for diverse commercial uses and provides access to all city utilities. The buildings are well-maintained and present an attractive appearance. This property is ideally suited for an owner-user seeking to occupy the larger building while generating rental income from the two smaller units. Its central Florida location offers easy access to major medical facilities such as UF Health Leesburg, The Villages, and AdventHealth Waterman, and is approximately an hour from both Orlando and Ocala. The seller is open to considering the sale of the buildings separately. All provided information is believed to be accurate but is not guaranteed and is subject to change without notice. Do not disturb tenants.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Leesburg
- County
- Lake
- State
- Florida
- Longitude
- -81.8984
- Latitude
- 28.7396