You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

909 Magnolia St Leesburg, FL 34748-5729

Office buildings Google Maps
1,492 SF 0.06 ac lot Built 1962
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$145k
Range $131k – $160k (±10%)
Property ID US18-3785314

Property summary

AI-generated overview

This 1,492 square foot traditional office space is located in the heart of historic downtown Leesburg, Florida, just one block from Main Street. Built in 1962, this single-story building sits on a 0.06-acre lot and is zoned C-2, offering excellent visibility and convenient access. The property is part of a single-tenant occupancy and is currently vacant. Its prime location offers easy walking distance to Leesburg City Hall, Beacon College, and numerous lunch options. Nearby amenities include the award-winning UF Health Leesburg hospital and the recently renovated Venetian Gardens and Marina on Lake Harris. City utilities are available. The property features a single building with one story and is classified as Class C. The APN is 1264405, and the property is located in Lake County. All information is believed accurate but is not guaranteed and is subject to change. This is a fantastic opportunity for a business seeking a prominent location in a thriving downtown area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1962
Construction CONCRETE BLOCKS
Total area 1,492 SF
Lot 0.06 ac (2,584 SF)
APN 26-19-24-3900-024-01102
UPID US18-3785314

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

Owner & transaction history

since 2025
1 recorded transaction
2025
$185,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message