170 North Blvd Leesburg, FL 34748
This exceptional 5,415+/- square foot medical office building presents a unique investment opportunity in Leesburg, Florida. Located on a signalized corner at the intersection of East North Boulevard and US Highway 441, this property boasts over 250 feet of highway frontage, ensuring high visibility and accessibility. The building, constructed in 2001, is a single-story Class B structure situated on a 0.7-acre lot and is zoned C-3, allowing for a variety of commercial uses. Previously used as a blood bank, the versatile layout includes multiple offices, a conference room, and a large walk-in cooler. The property also features ample parking, including space for two buses. Its convenient location offers easy access to major transportation arteries, including I-75 and the Florida Turnpike, and is within close proximity to the University of Florida's Leesburg North Campus and UF Health Leesburg Hospital. The asking price is $999,000, translating to $184.49 per square foot. City utilities are available. The high daily traffic count on US 441 (33,000 average daily trips) further enhances the property's commercial potential. This property is currently vacant, offering immediate occupancy for a wide range of uses, including medical offices, laboratories, classrooms, urgent care facilities, or other professional offices. All information is believed accurate but is not guaranteed.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.