Property profile

1020 North Blvd Leesburg, FL 34748

OFF-MARKET
Office Spaces
5,850 SF 0.68 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents two buildings totaling 5,850 square feet situated on a 0.68-acre lot in Leesburg, Florida. The property, located at 1020 & 1014 US Hwy 441, boasts a prime corner location with over 240 feet of frontage on US Highway 441, offering excellent visibility and signage. Currently, the property has a 50% occupancy rate with two tenants. Building 1014 comprises two units, each approximately 2,376 square feet, both currently leased. Building 1020 offers a single, larger unit of approximately 3,474 square feet, previously occupied by a law office and medical offices. The property features a shared parking lot and is zoned C-3 by the City of Leesburg, with access to all city utilities. The location benefits from high traffic volume, averaging 31,000 vehicles daily according to FDOT data. This well-maintained property is ideal for an owner-user seeking to occupy the larger building while generating rental income from the smaller units. The seller is open to selling the buildings separately. All information is believed accurate but is not guaranteed and is subject to change without notice. Do not disturb tenants. APN: 1726921, 1234018.

Property profile

Verified
Property type Office Spaces
Total area 5,850 SF
Lot 0.68 ac (29,621 SF)

Cap rate & NOI

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

Location

1020 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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