0 South St, Leesburg, FL 34748
This exceptional 36.5-acre commercial property in Leesburg, Florida, presents a unique development opportunity. Located on South Street, 34748, this parcel boasts 238 feet of frontage, offering excellent visibility and accessibility. The property is zoned Lake R6 rear and MP front, with potential for residential rezoning upon annexation. Leesburg utilities are readily available, simplifying infrastructure development. The land is comprised of separately owned parcels, now offered as a single, cohesive investment. This fast-developing area promises significant future growth potential. The asking price is $3,625,000. Please note that an existing cell tower on the property is excluded from the sale. This substantial acreage provides ample space for a variety of commercial ventures, making it an attractive proposition for discerning investors seeking a prime location in a thriving Florida community. Detailed zoning information and survey data are available upon request. The property's location in Lake County, Florida, offers easy access to major transportation routes and amenities. This is a rare opportunity to acquire a large, well-situated parcel in a high-growth area.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.