729 N 14Th St Leesburg, FL 34748
This exceptional 2.81-acre industrial land parcel presents a prime opportunity for businesses seeking a strategic location in Leesburg, Florida. Zoned M-1, this fee-simple property offers significant potential for various industrial uses. Conveniently situated on US Highway 27, it provides easy access to major transportation arteries, including Florida's Turnpike, I-75, US Highway 441, and US Highway 301. The location also offers proximity to Orlando and Ocala (approximately one hour away) and The Villages. The site boasts readily available utilities, including an 8-inch sewer line, an 8-inch or 10-inch water line, and City of Leesburg gas service. Offsite water retention is already in place, simplifying development. This offering represents a portion of Lake County Alt Key # 1175704, and the division will occur at closing. All provided information is believed to be accurate but is not guaranteed and is subject to change without notice. This is an ideal location for companies seeking a well-connected and fully serviced industrial site in a thriving area of Central Florida. The asking price for this exceptional property is $849,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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