Property profile

Leesburg, FL 34748

OFF-MARKET
Office Spaces
5,850 SF 0.68 ac lot Built 1981
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 1981
Total area 5,850 SF
Lot 0.68 ac (29,621 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Leesburg, FL 34748
Leesburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Own this property?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message