Property profile

3301 W Main St Leesburg, FL 34748

FOR SALE
Manufacturing properties
Property ID
US18-5723102
90,719 SF 7.55 ac lot Built 1974
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 90,500-square-foot industrial property in Leesburg, Florida, presents a significant investment opportunity. Situated on a 7.55-acre lot with prominent Highway 44 frontage, this single-story building boasts a substantial 87,000 square feet of warehouse space and 3,500 square feet of office space, ideal for heavy manufacturing. The high ceilings, ranging from 18 to 34 feet, accommodate diverse operational needs. Eight dock-high doors and three drive-in doors ensure efficient loading and unloading, complemented by 48 parking spaces and secure outside storage. The property features a wet sprinkler system, three-phase heavy power, and is conveniently zoned C-3. Its strategic location provides easy access to major transportation routes, including Highway 27, offering seamless connectivity to Orlando and The Villages. The property also benefits from a heavy water supply and enjoys high visibility with approximately 20,500 vehicles passing daily. 2021 property taxes were $0.52 per square foot. City sewer and water are available, along with natural gas, heating, and halide lighting. The asking price is $7,690,000, translating to $84.97 per square foot.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1974
Construction METAL FRAME
Total area 90,719 SF
Lot 7.55 ac (328,878 SF)
APN 28-19-24-0002-000-02203
UPID US18-5723102

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
  • Logistics Company

Location

3301 W Main St Leesburg, FL 34748
Leesburg metro Census 30507 ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.78M
Blend (final) Blend
$3.07M

Owner & transaction history

since 2017
7 recorded transactions
2017
$3.1M
2006
$2.7M
2006
$1.9M
2005
$1.9M
2000
$1.4M
1997
$1.0M
1969
Price N/A

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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More about this property
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