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    OFF-MARKET
    Office buildings

    1501 Griffin Rd, Leesburg, FL 34748-3440

    2,952 SF 0.29 ac lot Built 1951
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US18-3004105
    Property summary
    AI-generated overview

    This meticulously remodeled 2,952 square foot office building in Leesburg, Florida presents a compelling investment opportunity. Located on a high-visibility corner, just one block from US Highway 441-27 and less than 15 minutes from The Villages, this property boasts exceptional visibility and convenient access. Zoned C-2 by the City of Leesburg, it offers remarkable flexibility, suitable for a variety of uses including medical offices, retail spaces, or professional suites. The building can function as a single unit or be easily divided into three separate units, each with its own meter, maximizing rental income potential. Recent renovations are extensive, encompassing new flooring, fresh interior and exterior paint, and updated lighting fixtures throughout. Ample parking is available, enhancing the convenience for tenants and clients. This property is vacant and ready for immediate occupancy, making it an ideal choice for investors seeking a strong return or businesses looking for a modern, well-located space. All information is believed to be accurate but is not guaranteed and is subject to change without notice. Showings are by appointment only.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1951
    Construction CONCRETE
    Total area 2,952 SF
    Lot 0.29 ac (12,598 SF)
    APN 22-19-24-0001-000-00300
    UPID US18-3004105
    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
    • Universal Engineering Engineer
    • Restoration Outreach Community Center Community Center
    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
    Vigilant Wolf Investments LLC · 1 yrs held
    Vigilant Wolf Investments LLC
    since 2024
    Last sale
    $380,000
    4 recorded transactions
    2024
    $380,000
    2023
    $170,000
    2015
    $221,200
    2013
    $230,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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