1715 Citrus Blvd Leesburg, FL 34748-3423
Property profile & analytics
1715 Citrus Blvd Leesburg, FL 34748-3423
- Outlet malls
- 103,213 SF
- 12.11 lot acres
Property ID
US18-4974233
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Rural King Guns / Gun Shop
- Rural King Tractors / Agricultural Supply
- Rural King / Big Box & Wholesale Store / Agricultural Supply
- TNT Fireworks / Discount Store / Party Supply Store
Property Details for 1715 Citrus Blvd
- Year built
- 1978
- Construction
- CONCRETE BLOCKS
- Lot size
- 12.11 lot acres
- Property size
- 103,213 SF
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 15-19-24-0004-000-09200
- APU
- 151924000400009200
Description
This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Leesburg, Florida. Strategically located at 1715 Citrus Blvd, 34748, this outlot enjoys a prime position at the entrance of a thriving Rural King store. The site benefits from exceptionally high visibility and traffic counts, exceeding 43,000 vehicles daily. This ensures significant exposure for any future development. The property is situated amongst a robust retail environment, including established businesses such as Walmart, Bealls, Publix, and Aldi, creating a strong synergy and attracting a substantial customer base. Furthermore, the proximity to The Villages, Florida's premier active adult community (less than 10 miles away and encompassing over 125,000 residents across three counties), provides access to a large and affluent demographic. While the site currently features a detention pond, it is important to note that re-engineering will be required to prepare the land for construction. This presents a chance to develop a highly visible and accessible commercial property in a rapidly growing area with a proven track record of success. The single-tenancy land parcel offers flexibility for a variety of commercial uses, making it an attractive proposition for investors and developers alike.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,522,000
- AI Estimate
- $9,522,000
Market price range: $9.52M - $22.3MMarket price range: $9.52M - $22.3M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $14,220,000 Current use
- OFFICE BUILDING
- $14,760,000 Change: +4% Conversion: Easy
- WAREHOUSE, STORAGE
- $12,530,000 Change: -12% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $11,990,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Leesburg
- County
- Lake
- State
- Florida
- Longitude
- -81.8909
- Latitude
- 28.8336
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$56,805
$0.00
$0.00
$2,989,249
-
$1,755,156
$1,234,093
$2,989,249
