700 Doctors Ct Leesburg, FL 34748
- Office buildings
- 4,028 SF
- 0.54 lot acres
Current Use by Public Records
- Dr. Wistar T. Moore III, MD / Cardiovascular And Thoracic Surgeon
- Andrej Jivitski, MD / Anesthesiologist
- Chung S Peter MD / Doctor
- Joseph J. Murray, Physician / Medical Clinic
- Dr. Mario J. Fernandez-Grela Sr, MD / Anesthesiologist
Property Details for 700 Doctors Ct
- Year built
- 1997
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.54 lot acres
- Property size
- 4,028 SF
- Property type
- Office buildings
- APN
- 25-19-24-1050-000-00300
- APU
- 251924105000000300
Description
This exceptional investment opportunity presents a 4,028 square foot, single-tenant medical office building situated on a 0.54-acre corner lot in Leesburg, Florida. The property is located within a thriving medical plaza directly across from the University of Florida Health at Leesburg Hospital, ensuring high visibility and accessibility. The building is currently leased to UF Health Cardiology under a triple-net (NNN) lease with approximately four years remaining on the initial seven-year term, plus two three-year options. The building itself is meticulously maintained and presents a highly attractive aesthetic, reflecting the quality of the tenant and the overall medical plaza. The plaza features well-maintained buildings, ample parking, and a desirable location, just an hour from Gainesville, Orlando, and Tampa, and minutes from The Villages. This property offers a strong 5.47% capitalization rate, making it an excellent investment opportunity in Central Florida's robust healthcare market. The property is shown by appointment only
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $945,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,195,000
- 6.5%
- $1,105,000
- 7%
- $1,035,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,205,000
- Geo Method
- $1,110,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,155,000
- Retail
- $1,280,000
- Mixed-Use
- $1,070,000
- Hospitality
- $1,050,000
- Educational
- $1,245,000
- Residential Income
- $1,220,000
- Energy
- $1,045,000
- Income-Based Land
- $1,255,000
- Food Service
- $1,270,000
Location Insight
- Map
- Local Demand
- City
- Leesburg
- County
- Lake
- State
- Florida
- Longitude
- -81.8684
- Latitude
- 28.8045
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
