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Property profile & analytics
OFF-MARKET
Retail space
33202 County Rd 473 Leesburg, FL 34788-4259
Trust Owned
Free & Clear
Property ID
US18-4275449
Property summary
AI-generated overview
This 1,680 square foot freestanding retail building in Leesburg, Florida, is available for lease or sale. Located at 33202 County Road 473, this single-tenant space features two large bathrooms and a private office. The building boasts a metal roof and ample paved parking for approximately twelve vehicles. Previously occupied by a hair salon and more recently a thrift store, this property presents a versatile opportunity for various retail or professional uses. Its convenient location offers easy access to major roadways, including Highway 441, and is situated centrally between Florida State Roads 27 and 19. Nearby amenities include Lake Square Mall (6 minutes away), the UF Health Center in Leesburg (15 minutes), and Venetian Gardens. Lease terms are $18 per square foot plus sales tax, with a 5% annual increase. All measurements are approximate. The property is also available for purchase.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
BRICK
Total area
1,680 SF
Lot
0.27 ac (11,931 SF)
APN
13-19-25-0003-000-17601
UPID
US18-4275449
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
-
Elsie's Galaxy II Salon Hair Salon Nail Salon
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
473 Land Trust
473 Land Trust
since 2025
Last sale
$287,600
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Leesburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leesburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,477
Tax year 2023
Assessed value
$161,076
Assessed 2023
Previous assessed
$147,446
+9.2% YoY
Effective rate
1.54%
On assessed value
Land market value
$55,581
Improvement market value
$105,495
Total market value
$161,076
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1960
Construction
BRICK
Heating
NONE
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
1,680 SF
Lot
0.27 ac (11,931 SF)
APN
13-19-25-0003-000-17601
UPID
US18-4275449
Jurisdiction
LAKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
BRICK
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
473 Land Trust
Trust
Free & Clear · 0 yrs held
Mailing address
4706 KENSINGTON PARK BLVD, ORLANDO, FL 32819-3131
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
$285,000
473 Land Trust
Proactive Genius LLC
Deed
related
—
Sep 4, 2025
$287,600
Carmines Pizzeria LLC
473 Land Trust
Warranty Deed
—
Dec 1, 2021
—
Proactive Genius LLC
Grace Var Construction LLC
Quit Claim Deed
related
—
Jun 29, 2020
$162,500
Grace Var Construction LLC
Ronald G Purvis
Warranty Deed
—
Jun 15, 2004
—
Lake County (fl)
Purvis,ronald G & Elsie
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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