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Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,432 SF
- Lot area
- 1.58 ac
- Year built
- 1961
- Stories
- 1
- APN
- 22-19-24-0001-000-00200
- Assessed value · 2023
- $267,880
- Annual tax · 2023
- $4,215
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $4,215
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Leesburg market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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