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    Property profile & analytics
    OFF-MARKET Estimated value $1,245,000
    Drive through restaurants

    1201 14th St, Leesburg, FL 34748-3822

    2,805 SF 0.97 ac lot Built 1986
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US18-4618547
    Property summary
    AI-generated overview

    This exceptional 2,805-square-foot vacant restaurant building presents a remarkable opportunity for a discerning investor or operator. Strategically situated on 0.98 acres at a high-traffic interchange in Leesburg, Florida, this property boasts exceptional visibility and frontage along North 14th Street, a major thoroughfare with an impressive 26,600 average annual daily traffic (AADT). The building's drive-thru configuration is ideally suited for quick-service restaurants or similar businesses requiring convenient customer access. The property's location within Lake County ensures easy access to a substantial customer base. The vacant status allows for complete customization and design flexibility to meet the specific needs of the future tenant. This is a rare chance to acquire a well-positioned commercial property in a thriving Florida market, offering significant potential for growth and return on investment. The property's size and location make it an attractive proposition for a variety of restaurant concepts. The high visibility and convenient access provided by the drive-thru feature are key advantages in a competitive market. This property is ready for immediate occupancy and offers a blank canvas for a successful business venture. The address is 1201 N 14th St, Leesburg, FL 34748.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1986
    Construction CONCRETE BLOCKS
    Total area 2,805 SF
    Lot 0.97 ac (42,150 SF)
    APN 22-19-24-0001-000-01000
    UPID US18-4618547
    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
    Current use
    Occupant on record · Public records
    • United States Postal Service Post Office Logistics Service
    • The Alliance of Professional Health Advocates Physician
    • Mr. Fix It Unlimited Inc. General Contractor
    • Expect Mow Lawn Care Landscaping General Contractor
    • Joseph Caldwell Transportation LLC Moving Company Logistics Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.25M
    Blend (final) Blend
    $1.25M
    Owner & transaction history
    Burger King Company LLC · 3 yrs held
    Burger King Company LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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