0 Ace Ave Leesburg, FL 34748
This exceptional 2.14-acre commercial land parcel presents a unique investment opportunity in Leesburg, Florida. Located at the prominent corner of US Hwy 27 and Highland Lakes Blvd, this property boasts a prime location at the entrance to the thriving Highland Lakes 55+ community, home to 938 residences. The site includes approximately one acre of uplands, offering versatile development potential. The property is zoned PUD (Planned Unit Development), providing flexibility for a range of commercial uses. Its strategic position benefits from exceptionally high traffic volume, averaging 28,500 vehicles daily according to FDOT data. This high visibility ensures maximum exposure for any commercial venture. The surrounding area is densely populated with numerous retirement communities, including Legacy, Arlington Ridge, Hawthorne, The Plantation at Leesburg, and The Villages of West Lake, creating a strong and established market. The parcel's location in Lake County, Florida, and its APN (77600512) are readily available for verification. The asking price for this exceptional property is $750,000. 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
Similar Nearby for Sale
Similar Nearby for Lease
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.