0 14Th St Leesburg, FL 34748
This exceptional 1.67+/- acre commercial land parcel presents a prime investment opportunity in Leesburg, Florida's vibrant heart. Strategically located adjacent to the Publix-anchored Palm Plaza shopping center, this C-3 zoned property boasts excellent visibility and accessibility. Utilities are readily available, including city water, sewer, and gas lines. The site features 77% impervious surface and benefits from pre-existing offsite water retention. Conveniently situated in Central Florida, this location offers easy access to major transportation arteries such as I-75, Florida's Turnpike, and US Highway 441, placing it within an hour's drive of both Orlando and Ocala, and minutes from The Villages. The property, encompassing portions of Lake County Alt Key numbers 1175691 and 3822349, will be subdivided at closing. This is a turnkey opportunity for developers seeking a well-positioned site with existing infrastructure. The asking price is $849,000. All information is believed to be accurate but is not guaranteed and is subject to change.
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
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.