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411 14th St Leesburg, FL 34748-4893

OFF-MARKET Manufacturing properties Google Maps
3,400 SF 0.08 ac lot Built 1989
Entity Owned 11-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$215k
Range $194k – $237k (±10%)
Property ID US18-3092740

Property summary

AI-generated overview

This exceptional 2,448-square-foot flex warehouse space is situated within the Leesburg Commerce Center, offering a prime location at 411 N 14th Street in Leesburg, Florida (zip code 34748). The property, part of a larger 41,300-square-foot building constructed in 1964, is a single-story structure with a convenient 18-foot ceiling height. This unit is immediately available and represents the minimum divisible space within the building, with a maximum contiguous space also of 2,448 square feet. The building features fourteen drive-in doors, providing excellent accessibility for loading and unloading. The space includes a climate-controlled office and restroom, enhancing its functionality and appeal. Power is provided by a 600 amp, 240-volt, 3-phase system. The property is zoned C-3 and benefits from its prominent frontage on N 14th Street. While there are no elevators, the single-story design ensures easy access throughout the space. This is an ideal opportunity for businesses seeking a functional and well-located warehouse or flex space in Leesburg, Florida. The property is part of a larger industrial complex, offering potential for synergy and collaboration with other businesses. The combination of location, features, and immediate availability makes this a highly desirable property.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1989
Construction WOOD FRAME
Total area 3,400 SF
Lot 0.08 ac (3,400 SF)
APN 22-19-24-0750-000-0020I
UPID US18-3092740

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
  • Home Health Care Service
  • Gym & Fitness Center
  • Motorcycle Shop
  • Auto Parts Store
  • Gym & Fitness Center Sports Field & Court

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2015
3 recorded transactions
2015
$350,000
2011
Price N/A
2005
$1.1M

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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