Property profile

170 North Blvd Leesburg, FL 34748

OFF-MARKET
Office Spaces
5,415 SF 0.7 ac lot Built 2001
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 2001
Total area 5,415 SF
Lot 0.7 ac (30,492 SF)

Cap rate & NOI

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

Location

170 North Blvd Leesburg, FL 34748
Leesburg metro
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Value estimations

Realmo proprietary · 4 methods
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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
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