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    OFF-MARKET
    Land

    0 Acres 68.17, Leesburg, FL 34748

    68.17 ac lot
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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