33202 County Road 473Leesburg, FL 34788

Property Details for 33202 County Road 473

Year built

1960

Construction

BRICK

Lot size

0.27 AC

Property size (Sq ft)

1,680 SF

Property type

Retail space

APN

13-19-25-0003-000-17601

APU

131925000300017601

Description

This 1,680 square foot freestanding retail building in Leesburg, Florida, is available for lease or sale. Located at 33202 County Road 473, this single-tenant space features two large bathrooms and a private office. The building boasts a metal roof and ample paved parking for approximately twelve vehicles. Previously occupied by a hair salon and more recently a thrift store, this property presents a versatile opportunity for various retail or professional uses. Its convenient location offers easy access to major roadways, including Highway 441, and is situated centrally between Florida State Roads 27 and 19. Nearby amenities include Lake Square Mall (6 minutes away), the UF Health Center in Leesburg (15 minutes), and Venetian Gardens. Lease terms are $18 per square foot plus sales tax, with a 5% annual increase. All measurements are approximate. The property is also available for purchase.

• CAP approach

  CAP return

  Valuation

  6%

  $488,451

  6.5%

  $450,878

  7%

  $418,672

• Comparable approach

  Method

  Valuation

  Relative Method

  $627,691

  Geo Method

  $627,691

• Alternative Use

  Use

  Valuation

  Residential

  $380,332

  Hospitality

  $348,382

  Educational

  $289,850

  Medical

  $299,818

  Retail

  $450,878

Location Insight

City

Leesburg

County

Lake

State

Florida

Latitude

28.8328

Longitude

-81.7731

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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