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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Office buildings
601 Main St, Leesburg, FL 34748-5126
Entity Owned
Free & Clear
Property ID
US18-1312648
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1948
Construction
CONCRETE BLOCKS
Total area
7,186 SF
Lot
0.11 ac (4,916 SF)
APN
26-19-24-3300-000-01200
UPID
US18-1312648
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
-
Doggibags (Bike/Boat/Book/etc) Store
-
Advanced Medical Uniforms, Inc (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$612k
Blend (final)
Blend
$655k
Owner & transaction history
Advanced Commercial Re Holdings LLC
Advanced Commercial Re Holdings LLC
since 2025
Last sale
$700,000
4 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,030,000
Current use
RETAIL STORES
$990,000
Change: -4% · Conversion: Moderate
WAREHOUSE, STORAGE
$870,000
Change: -15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$835,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±10% · vs last sale $700k (Dec 8 2025)
Last sale anchor
$700k
Dec 8 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$91 / SF
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
$6,185
Tax year 2023
Assessed value
$388,631
Assessed 2023
Previous assessed
$377,441
+3.0% YoY
Effective rate
1.59%
On assessed value
Land market value
$163,580
Improvement market value
$311,724
Total market value
$475,304
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1948
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
1
Bathrooms
7
Total area
7,186 SF
Lot
0.11 ac (4,916 SF)
APN
26-19-24-3300-000-01200
UPID
US18-1312648
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
RETAIL STORES
Est. value
$990,000
WAREHOUSE, STORAGE
Est. value
$870,000
INDUSTRIAL (GENERAL)
Est. value
$835,000
OFFICE BUILDING Current
RETAIL STORES
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1948
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Bathrooms
7
Lot
0.11 ac
Current owner
From public records · entity-resolved
Advanced Commercial Re Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
101 S 6TH ST, LEESBURG, FL 34748-5874
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
$700,000
Advanced Commercial Re Holdings LLC
Guy S Ross
Warranty Deed
—
Jul 1, 2020
—
Blooms Baking House LLC
—
Deed
related
$77,996 · United Southern Bank
Mar 2, 1999
$225,000
Guy S Ross
Matthews,marc T & Jeanne L
Grant Deed
$175,000 · United Southern Bank
—
—
Blooms Baking House LLC
—
Loan Modification
related
$77,996 · United Southern Bank
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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