2860 Main StLeesburg, FL 34748

  • Office properties
  • 1,976 SF
For Lease
$112.92/SF/YR View listing

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
2860 Main St, Leesburg, Florida

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

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
$2,491
-
-
$156,976
-
$35,420
$121,556
$156,976

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