401 Blvd Leesburg, FL 34748
This exceptional one-story, 9,800 square foot medical office building in Leesburg, Florida, presents a compelling investment opportunity. Built in 2005, the Class B property sits on a 49,300 square foot lot and boasts 60 parking spaces, recently repaved. Currently 67% occupied, the building offers significant upside potential. The property features three units: two are approximately 2,000 square feet each, ideal for multiple offices or patient rooms, complete with waiting rooms and reception areas. The third unit, a spacious 5,800 square feet, previously housed a Davita Dialysis office, offering a large open area surrounded by offices and storage rooms. Located less than a mile from UF Health Leesburg and other key medical facilities in the downtown medical district, this property benefits from high visibility on Highway 441. The property's APN is 23-19-24-0004-000-09401 and is zoned for professional building use (19C). The asking price is $1,480,000. This owner/user investment opportunity is situated at 401 E N Blvd, Leesburg, FL 34748.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.