You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Warehouses

1421 Griffin Rd Leesburg, FL 34748-3410

2,432 SF 1.58 ac lot Built 1961
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US18-5031520
Property summary
AI-generated overview

This exceptional commercial property in Leesburg, Florida, presents a unique investment opportunity. Located just off US 27, this high-visibility site boasts a combined 2.73 acres encompassing two parcels: 1421 Griffin Road and 1226 Penn Street. Both parcels are zoned C-3, offering considerable flexibility for development or continued operation. The Griffin Road parcel features a 660 square foot building with a restroom, break room/storage, and a spacious main retail area with large windows, all climate-controlled. The property is fully fenced and includes ample parking. The Penn Street parcel, currently operating as an auto repair shop, sits on approximately 2 acres and is fully enclosed by a chain link fence. Its 1,364 square foot building includes three bays with metal roll-up doors, two hydraulic lifts, an office, a handicap-accessible restroom, and two storage areas. A substantial metal roof and a large (21x76 foot) awning provide excellent weather protection. This property offers the potential for continued operation of the existing businesses, redevelopment of the existing structures, or complete demolition to construct new buildings. The high visibility and convenient location make this a truly compelling investment opportunity. The combined square footage of both buildings is 2,024 square feet.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1961
Construction CONCRETE BLOCKS
Total area 2,432 SF
Lot 1.58 ac (68,700 SF)
APN 22-19-24-0001-000-00200
UPID US18-5031520
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
  • Sollar Autos Group Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lake County Tow LLC · 2 yrs held
Lake County Tow LLC
since 2024
Last sale
$409,000
5 recorded transactions
2024
Price N/A
2024
$409,000
2024
Price N/A
2020
Price N/A
1999
$75,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1421 Griffin Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message