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0 Acres 68.17 Leesburg, FL 34748

OFF-MARKET Land Google Maps
68.17 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 68.17-acre commercial land parcel in Leesburg, Florida, presents a remarkable investment opportunity. Zoned FLU: Regional Office, this high and dry property boasts 97% uplands and offers significant development potential. Strategically located on US Hwy 27 S, it benefits from multiple road frontages, including the Florida Turnpike, providing exceptional accessibility and visibility. With an estimated 26,500 vehicles traversing US Highway 27 daily, this location ensures high traffic exposure. The property's proximity to established and emerging retirement and residential communities within the Orlando Metro Area creates a strong demand base. The site is ideally suited for a variety of commercial uses, with a permitted density of 8 dwelling units per acre. City of Leesburg water and sewer services are readily available, simplifying infrastructure needs. The property's APN is 012124000400001300. This is a rare opportunity to acquire a large, well-positioned tract of land in a rapidly growing area. Asking price is $6,000,000.

Property profile

Verified
Property type Land
Lot 68.17 ac (2,969,485 SF)

Cap rate & NOI

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

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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