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    1414 Main St Leesburg, FL 34748

    • Office buildings
    • 7,511 SF
    • 0.81 lot acres
    For Sale
    View listing
    $1,600,000
    Value Estimation
    Last Sale
    Mar 05, 2025
    $1,400,000
    Location Intelligence
    Property ID
    US18-2292546
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Advanced Obstetrics & Gynecology of Lake County / Obstetrician-Gynecologist
    • Rohini Sastry PA / Pain Management Physician
    • Shivakumar S. Hanubal, MD / Obstetrician-Gynecologist
    • Manuel Alvarado, MD / Obstetrician-Gynecologist / Gynecologist
    • Alejandro-Cord Natalia MD / Obstetrician-Gynecologist

    Property Details for 1414 Main St

    Year built
    1997
    Construction
    CONCRETE BLOCKS
    Lot size
    0.81 lot acres
    Property size
    7,511 SF
    Property type
    Office buildings
    APN
    25-19-24-0001-000-02600
    APU
    251924000100002600

    Description

    This exceptional 8,189 square foot medical office building presents a unique investment opportunity in Leesburg, Florida. Situated on a 1.29-acre lot with ample parking (55 spaces), this property boasts a prime location just off US 441 and within a mile of UF Health Leesburg Hospital, ensuring high visibility and convenient access for patients. Originally constructed in 1997, the building underwent a substantial expansion in 2008, resulting in a versatile layout ideal for multiple medical practices. The design incorporates two distinct units, each with private entrances, waiting rooms, and reception areas, allowing for independent operation or a combined practice. The building's extensive features include 14 exam and procedure rooms, a dedicated X-ray room, and 12 bathrooms, along with multiple staff offices. The property is fully serviced by city utilities and is move-in ready, representing a turnkey solution for established or emerging medical professionals. The two-unit configuration offers the potential for owner-occupancy and leasing income, maximizing return on investment. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving healthcare market.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Lake
    State
    Florida
    Longitude
    -81.855
    Latitude
    28.8121
    CBSA code
    36740
    CBSA name
    ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,025
    $0.00
    $0.00
    $1,042,762
    -
    $187,618
    $855,144
    $1,042,762

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    1414 Main St
    Leesburg, FL 34748
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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