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    OFF-MARKET
    Retail properties & Spaces

    0 Us Highway 27, Leesburg, FL 34748

    205.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 205.3-acre mixed-use development opportunity in Leesburg, Florida, is strategically located on US Highway 27, offering significant road frontage on US Highway 27, the Florida Turnpike, and Bridges Road. The property, comprised of five parcels (APN: 012124000400001300, 012124000400000900, 012124000400001000, 062125000300000400, 012124000100000100), is zoned FLU: Urban Low/Regional Office, allowing for a variety of development options. Its proximity to established retirement communities and new residential developments within the Orlando Metro Area ensures a strong market for both residential and commercial projects. The site boasts 90.6% uplands and access to City of Leesburg water and sewer services. With an estimated potential of over 1,000 net residential units at a density of 8 units per acre, and a daily traffic count exceeding 29,000 vehicles on US Highway 27, this property presents a compelling investment opportunity for single-family, multi-family, and commercial development. The asking price is $18,000,000, translating to $87,677 per acre. This is a rare chance to acquire a large-scale development site in a high-growth area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 205.3 ac (8,942,868 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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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