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Property profile

404 Perkins St Leesburg, FL 34748

FOR SALE
Office buildings
Property ID
US18-1334235
2,668 SF 0.79 ac lot Built 1958
Last sale Sep 2026 · $305,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A freestanding office building located at 404 Perkins Street in Leesburg, between Highway 441 and Dixie Highway. The property includes approximately 2,668 square feet of building area on about 34,547 square feet of land, with safe access and a site configured on excess land. The site provides ample paved parking with access to over 15 parking spaces and includes freestanding signage for property identification. The building’s layout and site configuration support use as a dedicated, freestanding professional office setting, including suitability for medical practitioners.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$265k
Effective rate1.61%

Value estimate

· Oct 2026
$400k
$360k – $440k
NOI build-up
Gross scheduled income$70k
Vacancy & credit loss−$7k
Operating expenses−$25k
NOI · 11.53% cap applied$38k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
ZIP average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$85 – $219

Cap rate analysis

How does the asset earn?
11.53%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.7
Locksmith8.9
Pet Grooming Service8.2

Location

404 Perkins St Leesburg, FL 34748
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3330 Main, Leesburg, FL 34748-9712 $600,000 Mar 2025 3,500 SF
1012 Main, Leesburg, FL 34748-4925 $375,000 Feb 2025 2,832 SF
1004 Dixie, Leesburg, FL 34748-6310 $200,000 Feb 2025 3,925 SF
2729 Main, Leesburg, FL 34748-4630 $1,910,000 Jan 2025 2,040 SF
607 Dixie, Leesburg, FL 34748-6356 $413,000 Dec 2024 1,816 SF
2850 Main, Leesburg, FL 34748-4631 $225,000 Mar 2024 1,976 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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