Property profile

1501 Griffin Rd Leesburg, FL 34748

FOR SALE
Office buildings
Property ID
US18-3004105
2,952 SF 0.29 ac lot Built 1951
Entity Owned 1-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 2,952 SF
1501 Griffin Rd, Leesburg, FL 34748
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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

Current use

Occupant on record · Public records
  • Engineer
  • Community Center

Location

1501 Griffin Rd Leesburg, FL 34748
Leesburg metro Census 30505 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2024
Last sale
$380,000
4 recorded transactions
2024
$380,000
2023
$170,000
2015
$221,200
2013
$230,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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