712 14Th StLeesburg, FL 34748

  • Outlet malls
  • 14,554 SF

Property Details for 712 14Th St

Year built
1960
Construction
CONCRETE BLOCKS
Lot size
1.19 AC
Property size (Sq ft)
14,554 SF
Property type
Outlet malls
APN
23-19-24-0003-000-10800
APU
231924000300010800

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,446,978
    6.5%
    $4,104,902
    7%
    $3,811,695
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,759,245
    Geo Method
    $5,759,245
  • Alternative Use

    Use
    Valuation
    Residential
    $3,462,638
    Hospitality
    $3,171,758
    Educational
    $2,638,866
    Medical
    $2,729,620
    Retail
    $4,104,902

Location Insight

City
Leesburg
County
Lake
State
Florida
Latitude
28.8187
Longitude
-81.8869
CBSA code
36740
CBSA name
ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,036
-
-
$814,075
-
$344,969
$469,106
$814,075

FAQs

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