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    Property profile & analytics
    OFF-MARKET Estimated value $1,050,000
    Office buildings

    1456 William St, Leesburg, FL 34748-3824

    7,740 SF 0.81 ac lot Built 1988
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US18-4703930
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 7,740-square-foot Class A office and warehouse complex in Leesburg, Florida. Located at 1456 William St, this property boasts a commanding 5.35% cap rate and is currently 100% occupied across three distinct units. The building, constructed in 1988 and extensively renovated in 2023, features a mix of modern office suites and warehouse space. Unit #1 offers approximately 733 square feet of office space, Unit #2 provides approximately 810 square feet, and Unit #3 encompasses a substantial 5,305 square feet, combining office space, a 3,180-square-foot warehouse with three roll-up doors, and a secure fenced storage yard. The total net rentable area is 7,740 square feet, priced at $155.04 per square foot, with an asking price of $1,200,000. The property sits on a 0.81-acre lot and is zoned C-3, providing ample parking and easy access. Its strategic location offers convenient access to major transportation arteries, including I-75 and the Florida Turnpike, placing it within an hour's drive of Orlando and Ocala, and minutes from The Villages. City utilities are readily available. This fully renovated, high-demand property represents a strong investment with significant potential for future growth. The property is offered fee simple. All information is believed to be accurate but is not guaranteed.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1988
    Construction METAL FRAME
    Total area 7,740 SF
    Lot 0.81 ac (35,283 SF)
    APN 22-19-24-0001-000-01100
    UPID US18-4703930
    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
    • Leonel Edwards Physician
    • Dr. Orlando J. Icaza, MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $659k
    Blend (final) Blend
    $1.05M
    Owner & transaction history
    Deland Plumbing Properties LLC · 1 yrs held
    Deland Plumbing Properties LLC
    since 2025
    Last sale
    $1.2M
    5 recorded transactions
    2025
    2025
    $1.2M
    2022
    $615,000
    2005
    $360,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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