Financial
Distress signals
Property profile

1103 Thomas Ave Leesburg, FL 34748

FOR LEASE
Other warehouses
Property ID
US18-5111204
39,760 SF 2.04 ac lot Built 1965
Last sale Apr 2025 · $2,020,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
1103 Thomas Ave, Leesburg, FL 34748 For Lease
Contact for pricing 25,000 SF available
1103 Thomas Ave, Leesburg, FL 34748
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Property summary

AI-generated overview

Flex industrial property featuring a 25,000 SF building situated on a 2.51-acre fully fenced site. Approximately 16,000 SF of the building is temperature-controlled and configured with 17-foot clear-span ceilings, fire sprinkler protection, one grade-level roll-up door, and two dock-high loading platforms. The building includes approximately 3,000 SF of office space with eight private offices, a reception area, break room, and conference room. The remaining approximately 6,000+ SF is warehouse…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$1.17M
Effective rate1.59%

Value estimate

· Sep 2026
$1.37M
$1.23M – $1.51M
Submarket $/SF estimate$2.24M
NOI build-up
Gross scheduled income$219k
Vacancy & credit loss−$19k
Operating expenses−$70k
NOI · 69.16% cap applied$130k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$121/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$56 – $168

Cap rate analysis

How does the asset earn?
69.16%
$130k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.6
Spa & Massage12.1
Hair Salon11.5

Location

1103 Thomas Ave Leesburg, FL 34748
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1720 Leesburg Cmns, Leesburg, FL 34748-3231 $4,400,000 Feb 2026 11,696 SF
2708 Ss, Leesburg, FL 34748 $625,000 Nov 2024 7,920 SF
1805 Greenleaf, Leesburg, FL 34748-2025 $1,200,000 Oct 2024 11,900 SF
125 Montclair, Leesburg, FL 34748-9773 $1,300,000 Sep 2024 14,400 SF
2501 Industrial, Leesburg, FL 34748-3652 $418,700 Jul 2024 10,000 SF
3605 Pkwy, Leesburg, FL 34748-9745 $375,000 Jun 2024 8,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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