1421 Griffin Rd Leesburg, FL 34748-3410
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.
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Sollar Autos Group Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.