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    OFF-MARKET
    Retail space

    9945 County Rd 44, Leesburg, FL 34788-3003

    2,700 SF 1.17 ac lot Built 1982
    Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US18-4202958
    Property summary
    AI-generated overview

    This 2,700 square foot commercial property, situated on a 1.17-acre lot in Leesburg, Florida, is currently vacant and ready for immediate occupancy. Located at the busy intersection of County Road 44 and Radio Road, this single-story building, constructed in 1982, offers significant potential for a variety of uses. Previously occupied by a restaurant, the property is zoned CP and allows for a range of commercial activities, including convenience stores, retail establishments, professional offices, agricultural-related retail sales, and gas stations. A detailed list of permitted uses is available via the provided link in the original listing. The asking price is $695,000, translating to $278 per square foot. The property features ample parking and benefits from its location in a thriving, rapidly growing area within an hour's drive of Orlando. The month-to-month lease option provides flexibility for potential tenants. This is an excellent owner-user opportunity in a high-traffic location with diverse possibilities. The property's address is 9945 County Road 44, Leesburg, FL 34788, and its APN is 03-19-25-0001-000-01201.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1982
    Construction CONCRETE
    Total area 2,700 SF
    Lot 1.17 ac (51,136 SF)
    APN 03-19-25-0001-000-01201
    UPID US18-4202958
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Emile Victor Farran · 7 yrs held
    Emile Victor Farran
    since 2018
    2 recorded transactions
    2018
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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