104 Dixie AveLeesburg, FL 34748

  • Office properties
  • 2,273 SF
For Sale
$700,000 View listing

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
104 Dixie Ave, Leesburg, Florida

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

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
$3,643
-
-
$220,806
-
$50,152
$170,654
$220,806

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