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1024 W Dixie Ave Leesburg, FL 34748

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0.76 ac lot
Estimated value
No estimation on file for this property yet.
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 Land
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

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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