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Property profile & analytics
FOR LEASE
Specialty properties

2240 Marcella Way Leesburg, FL 34748

3,408 SF 1.06 ac lot Built 1986
Entity Owned 2-yr Hold Free & Clear
Property ID
US18-9367465
Property summary
AI-generated overview

This exceptional property, located at 2240 Marcella Way in Leesburg, Florida (zip code 34748), presents a unique investment opportunity. The 3,500 square foot building is a fully renovated mixed-use space currently configured as a single-tenant coworking facility. Its versatile layout makes it adaptable to a variety of uses within the retail, office, or special purpose categories. Situated on a generous lot exceeding one acre, the property offers ample space for expansion, outdoor amenities, or additional parking. The building boasts modern amenities and an exceptional design, reflecting a high standard of recent renovations. The property's prime location in Leesburg, Florida, provides excellent visibility and accessibility. This is an ideal opportunity for an investor seeking a high-quality, versatile commercial property with significant potential for growth and return. The single-tenant occupancy simplifies management and provides immediate income potential. Detailed financial information is available upon request. The property's size and location make it suitable for a variety of businesses, from creative agencies to tech startups, or even a combination of uses. The expansive lot offers significant potential for future development or expansion of existing operations. This is a rare opportunity to acquire a turnkey, high-quality commercial property in a desirable location.

Property profile
Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1986
Construction CONCRETE BLOCKS
Total area 3,408 SF
Lot 1.06 ac (46,000 SF)
APN 16-19-24-0003-000-04600
UPID US18-9367465
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
  • Blue Majestics Banquet Hall Hotel & Motel Resort
  • OzVee Enterprise Event Center and Tropical Oasis Event Planning Wedding Service
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
Ozvee Enterprise LLC · 2 yrs held
Ozvee Enterprise LLC
since 2023
Last sale
$400,000
2 recorded transactions
2023
$400,000
2018
$199,900
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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