Property profile

2468 Citrus Blvd Leesburg, FL 34748

OFF-MARKET
Auto shops
Property ID
US18-4115887
3,300 SF 0.69 ac lot Built 1986
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial land opportunity in Leesburg, Florida, presents a unique chance to capitalize on a high-traffic location. Situated at 2468 Citrus Blvd, this 30,056.4 square foot lot boasts prime visibility and accessibility, just 300 feet from the Walmart intersection on US 441. The property includes a partially completed 3,300 square foot building shell, previously intended as an auto repair facility and car wash. This existing structure offers a significant head start for redevelopment, reducing initial construction costs. The property's zoning allows for a variety of commercial uses, and the municipality fully supports the re-establishment of a car care business on the site, making this an ideal investment for entrepreneurs in the booming automotive industry. Built in 1986, the land offers a blank canvas for a new venture or the completion of an existing project. The location's proximity to major retail and high traffic volume ensures significant exposure and potential for high returns. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Florida market. The asking price is $999,999. The property is located in Lake County, Florida, zip code 34748.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1986
Construction CONCRETE
Total area 3,300 SF
Lot 0.69 ac (30,220 SF)
APN 15-19-24-0150-001-00700
UPID US18-4115887

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
  • Auto Repair Shop

Location

2468 Citrus Blvd Leesburg, FL 34748-7201
Leesburg metro Census 30601 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2021
Last sale
$430,000
2 recorded transactions
2021
$430,000
2015
$725,000

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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