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0 Lake St Leesburg, FL 34748

OFF-MARKET Land Google Maps
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional 42,812 square foot commercial land parcel presents a unique investment opportunity in Leesburg, Florida. Located in a thriving medical district, this C-2 zoned lot offers unparalleled access and visibility. Situated near established medical offices and adjacent to a newly constructed hotel, this property benefits from high traffic and a strong existing infrastructure. The lot's convenient access points from South Lake Street and the new Venetian Isle Park Road provide excellent accessibility for both employees and customers. Its strategic location diagonally across from UF Health Leesburg Hospital further enhances its desirability. The substantial lot size provides ample space for a variety of commercial developments, making it an ideal site for medical-related businesses or complementary services. The asking price of $300,000 represents a compelling value for this prime location within a rapidly growing area. This property is zoned C-2, allowing for a wide range of commercial uses. The land is almost an acre in size, offering significant development potential. This is a rare opportunity to acquire a highly desirable commercial lot in a prime medical area of Leesburg. Don't miss this chance to secure a piece of this thriving community.

Property profile

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Property type Land

Cap rate & NOI

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

Value estimations

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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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