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Property profile & analytics
OFF-MARKET
Auto shops

2468 Citrus Blvd Leesburg, FL 34748-7201

3,300 SF 0.69 ac lot Built 1986
Entity Owned 4-yr Hold Free & Clear
Property ID
US18-4115887
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Winners Express Lube Auto Repair Shop
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
Carite Realty LLC · 4 yrs held
Carite Realty LLC
since 2021
Last sale
$430,000
2 recorded transactions
2021
$430,000
2015
$725,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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