104 Dixie AveLeesburg, FL 34748
- Office properties
- 2,273 SF
Property Details for 104 Dixie Ave
- Year built
- 1926
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.22 AC
- Property size (Sq ft)
- 2,273 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 26-19-24-1800-000-05900
- APU
- 261924180000005900
Description
Own this charming, renovated 2-story office building in desirable Leesburg, Florida. Located directly across from Venetian Gardens, this 2,285 square foot building boasts excellent visibility and high traffic (22,500 AADT). The property features 10 parking spaces with overflow parking available nearby. The main floor (1,537 sq ft) offers a handicap-accessible lobby/reception area, three offices, a conference room, and restrooms. The upper floor (748 sq ft) includes four additional offices. Built in 1926 and extensively renovated in 2021, including a new roof, this versatile space is ideal for various professional uses, including medical, legal, or financial services. The building sits on a 0.216-acre lot and is zoned R-2. Its prime location between US27 and US441, near Leesburg hospital, ensures high traffic and accessibility. With minor renovations, the space could be adapted for retail use. The asking price is $700,000, with a price per square foot of $306.35. Air rights of 2,285 square feet are included. This is a for-sale-by-owner opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $472,503
- 6.5%
- $436,156
- 7%
- $405,002
-
Comparable approach
- Method
- Valuation
- Relative Method
- $356,929
- Geo Method
- $356,929
-
Alternative Use
- Use
- Valuation
- Residential
- $540,834
- Hospitality
- $495,401
- Educational
- $412,168
- Medical
- $426,343
- Retail
- $641,150
Location Insight
- City
- Leesburg
- County
- Lake
- State
- Florida
- Latitude
- 28.807
- Longitude
- -81.8749
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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