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    FOR SALE
    Outlet malls

    712 S 14Th St, Leesburg, FL 34748

    14,554 SF 1.19 ac lot Built 1960
    Individually Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US18-2756389
    Property summary
    AI-generated overview

    This exceptional 2,573-square-foot office building, constructed in 2007, presents a fantastic owner-user opportunity. Located in Leesburg, Florida, this single-story building sits on a 0.02-acre lot and boasts convenient highway access. The property features ten parking spaces, a desirable C-3 zoning classification, and high ceilings throughout. The efficient floor plan includes six private offices, a conference room, a reception area, and a waiting room. Attractive common areas enhance the professional atmosphere. The building's prime location offers close proximity to a variety of amenities, including restaurants, hotels, and shopping centers. Its strategic position on Highway 27, just one block from Highway 44 and a mile and a half from Highway 441, ensures high visibility and easy accessibility. The building's quality construction and ample parking make it an ideal space for a variety of professional uses, including law offices, CPA firms, real estate agencies, financial advisory businesses, or engineering firms. The occupancy date is November 1, 2024. The property's address is 712 S 4th Street, Leesburg, FL 34748, with APN 26-19-24-0500-00A-02000. Charming furnishings are available for conveyance.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1960
    Construction CONCRETE BLOCKS
    Total area 14,554 SF
    Lot 1.19 ac (51,836 SF)
    APN 23-19-24-0003-000-10800
    UPID US18-2756389
    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
    • The Villages Retire Bank Credit Union
    • O'Reilly Auto Parts Auto Parts Store
    • Kenton’s chance Restaurant
    • MadeInUSA.com LLC Marketing & Advertising IT Consulting Firm
    • Lake County Tax Advisory Group Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.34M
    Blend (final) Blend
    $1.35M
    Owner & transaction history
    Patricia L Dougherty · 2 yrs held
    Patricia L Dougherty
    since 2023
    5 recorded transactions
    2023
    2023
    2012
    $460,000
    2012
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $2.1M +3.8%
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    More about this property
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