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    FOR SALE
    Commercial real estate

    1024 W Dixie Ave, Leesburg, FL 34748

    0.76 ac lot
    Property ID
    US18-5541204
    Property summary
    AI-generated overview

    This exceptional 0.76-acre commercial land parcel in Leesburg, Florida, presents a unique investment opportunity. Ideally situated on West Dixie Avenue (SR 44), a busy thoroughfare, this property boasts 255 feet of frontage, providing excellent visibility and accessibility. The location offers proximity to UF Health - Leesburg Hospital, making it particularly attractive for medical practices, but also suitable for a variety of professional office uses, including real estate, legal, or accounting firms. The four contiguous lots (Tax IDs: 26-19-24-3500-00A-00200, 26-19-24-3500-00A-00300, 26-19-24-3500-00A-00400, 26-19-24-3500-00A-00500) are zoned RP - Professional Office, ensuring flexibility for development. The serene setting includes a picturesque small pond. All city utilities are available. The asking price is $375,000, and owner financing may be considered with a substantial down payment, an 8.0% interest rate, and a 24-month balloon payment. This is a rare opportunity to acquire a highly desirable commercial property in a thriving location. Don't miss out!

    Property profile
    Verified
    Property type Commercial real estate
    Lot 0.76 ac (33,106 SF)
    UPID US18-5541204
    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
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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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