2860 Main StLeesburg, FL 34748
- Office properties
- 1,976 SF
Property Details for 2860 Main St
- Year built
- 2005
- Construction
- WOOD FRAME
- Lot size
- 0.12 AC
- Property size (Sq ft)
- 1,976 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 21-19-24-0675-000-00300
- APU
- 211924067500000300
Description
This exceptional 1,976 square foot commercial property, located at 2860 W Main Street, Leesburg, FL 34748, offers a unique blend of office and warehouse space ideal for a variety of businesses. Situated on 1.2 acres in Lake County, this single-tenant building boasts a highly visible location with ample paved parking. Built in 2005, the one-story structure features 1,550 square feet of retail space, along with additional warehouse/storage space in the rear. The property includes a convenient 14' x 15' roll-up door for easy loading and unloading of goods. Inside, you'll find two enclosed offices and two bathrooms, providing ample space for staff and clients. The property is zoned M-1 and enjoys excellent accessibility, being just 8 miles from I-75 and conveniently located near Leesburg, Wildwood, and The Villages. This is a NNN lease, meaning the base rent is supplemented by CAM charges, and the tenant is responsible for insurance, interior maintenance, and air conditioning. The high occupancy rate of the commerce park further underscores the desirability of this location. This property presents a fantastic opportunity to establish or expand your business in a thriving area at a competitive price.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $401,486
- 6.5%
- $370,603
- 7%
- $344,131
-
Comparable approach
- Method
- Valuation
- Relative Method
- $310,291
- Geo Method
- $310,291
-
Alternative Use
- Use
- Valuation
- Residential
- $459,547
- Hospitality
- $420,943
- Educational
- $350,220
- Medical
- $362,264
- Retail
- $544,786
Location Insight
- City
- Leesburg
- County
- Lake
- State
- Florida
- Latitude
- 28.813
- Longitude
- -81.9138
- 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
FAQs
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