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1314 Shore Dr Leesburg, FL 34748

OFF-MARKET Mixed-use properties Google Maps
1,008 SF 0.44 ac lot Built 1950
Estimated value
No estimation on file for this property yet.
Property ID US18-6144955

Property summary

AI-generated overview

This exceptional 1,008 square foot mixed-use property, situated on a 0.44-acre lot at 1314 N Shore Drive in Leesburg, Florida, presents a compelling investment opportunity. Its prime location directly off Highway 441/27 ensures high visibility and accessibility, benefiting from the constant flow of traffic in this bustling area, just minutes from The Villages. Currently zoned C-3, this property offers significant redevelopment potential. The existing structure, built in 1950, comprises three separate rooms, a spacious main area, and one bathroom. Recent electrical upgrades enhance its functionality. The property's "As-Is" sale condition provides a blank canvas for investors or businesses seeking to renovate the existing building or undertake a complete demolition to construct a custom office or retail space. The surrounding area thrives with established businesses, including an accounting office, a daycare center, and the popular Ramshackle Cafe, creating a vibrant and supportive commercial environment. This location's high traffic count and proximity to The Villages make it an ideal spot for a variety of commercial ventures. The possibilities are truly limitless for a forward-thinking entrepreneur or investor. Priced at $185,000, this property represents a rare chance to capitalize on a prime location and significant redevelopment potential in a thriving Florida community.

Property profile

Verified
Property type Mixed-use properties
Year built 1950
Total area 1,008 SF
Lot 0.44 ac (19,166 SF)
UPID US18-6144955

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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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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