711 Main StLeesburg, FL 34748

  • Office buildings
  • 17,620 SF

Property Details for 711 Main St

Year built
1927
Construction
CONCRETE BLOCKS
Lot size
0.98 AC
Property size (Sq ft)
17,620 SF
Property type
Office buildings
APN
25-19-24-0300-00A-00800
APU
251924030000A00800

Description

This exceptional 13,463 square foot, single-story Class B office building, constructed in 1958, offers a unique opportunity for businesses seeking a prestigious address in the heart of Leesburg's Central Business District (CBD). The property, zoned for CBD use, features 15 available individual office suites ranging from 103 to 190 square feet. Each suite is available for lease at a monthly rate that includes all utilities, high-speed internet access, 24/7 building access, and use of shared amenities such as a conference room, break room, and client waiting area. A dedicated concierge service is also provided. The building boasts ample on-site parking for clients and employees, a significant advantage in a high-traffic area. Its strategic location in historic downtown Leesburg provides excellent visibility and accessibility, with convenient proximity to major transportation arteries including I-75 and the Florida Turnpike. The property benefits from high daily traffic counts (FDOT average of 21,500 trips per day) and is within minutes of The Villages and less than an hour from Orlando. This is an ideal location for a variety of professional services, including but not limited to CPAs, attorneys, architects, designers, and other small businesses. The property's convenient amenities and central location make it an attractive option for both established and new businesses seeking a thriving and accessible workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,662,734
    6.5%
    $3,380,985
    7%
    $3,139,486
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,766,868
    Geo Method
    $2,766,868
  • Alternative Use

    Use
    Valuation
    Residential
    $4,192,421
    Hospitality
    $3,840,235
    Educational
    $3,195,030
    Medical
    $3,304,912
    Retail
    $4,970,048

Location Insight

City
Leesburg
County
Lake
State
Florida
Latitude
28.8105
Longitude
-81.8678
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
$1,586
-
-
$1,504,962
-
$68,533
$1,436,429
$1,504,962

FAQs

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Please email our support team at [email protected] and they will add the team member.
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