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2301 Us Hwy 441 Leesburg, FL 34748-2552

OFF-MARKET Retail space Google Maps
15,000 SF 1.19 ac lot Built 1975
Individually Owned 16-yr Hold ~ Est. High Equity
Estimated value (blended)
$815k
Range $734k – $897k (±10%)
Property ID US18-5280419

Property summary

AI-generated overview

This exceptional commercial property, located at 2301 US Highway 441 in Leesburg, Florida, presents a unique investment opportunity. The 15,300 square foot building sits on a 1.27-acre lot and offers a versatile layout ideal for a variety of businesses. The structure is divided into two equal halves by a firewall, providing flexibility for multiple tenants or a single large operation. The property boasts significant highway frontage—376 feet directly on US Highway 441—ensuring high visibility and accessibility for optimal customer traffic. Its strategic location within a high-traffic commercial area guarantees substantial exposure. Ample parking is available for both customers and employees. The C-2 commercial zoning allows for a wide range of uses, including retail, distribution, and other commercial ventures. The property's convenient location provides easy access to major roadways, simplifying logistics and enhancing customer reach. Leesburg's growth makes this a particularly attractive investment, offering the potential to adapt to the community's evolving needs. This property represents a rare chance to establish or expand a business in a thriving location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Construction WOOD FRAME
Total area 15,000 SF
Lot 1.19 ac (51,927 SF)
APN 20-19-25-0003-000-03801
UPID US18-5280419

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.38M
Blend (final) Blend
$815k

Owner & transaction history

since 2010
5 recorded transactions
2018
Price N/A
2010
$800,000
2002
$103,500
1997
$375,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $2.1M +3.8%

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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