1501 Us Hwy 19th S Leesburg, GA 31763-4915
This exceptional 43,560 square foot commercial land parcel, located at 1501 S US Hwy 19 S in Leesburg, Georgia (zip code 31763), presents a lucrative investment opportunity. The property is currently improved with a 5,700 square foot office building featuring a thoughtfully designed layout. The building boasts ten individual offices, a welcoming reception area, a convenient kitchen/breakroom, and a spacious meeting room. Adding to its appeal, two of the offices are currently leased, generating a combined monthly income of $1200. This established rental income stream provides immediate return on investment. The property's strategic location on US Highway 19 South offers excellent visibility and accessibility, making it ideal for a variety of commercial uses. The asking price for this remarkable property is $895,000. This presents a rare chance to acquire a well-situated commercial property with existing income, offering significant potential for future growth and development in the thriving Lee County market. The property's size and existing improvements make it an attractive option for both investors seeking immediate returns and developers looking for a solid foundation for future expansion. This is a turnkey opportunity not to be missed.
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
COMMERCIAL · Leesburg, GACosts & 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.