$249,000

1415 South Street

LEESBURG FL, 34748

Description

Well located property in the heart of Leesburg and next door to Walgreens at the busy intersection of US Hwy 27 and South Street - daily traffic counts of 40,000 (Hwy 27) and 22,000 (South St). Subject property has an easement for access, ingress/egress over all of the Walgreens site thus easy access from South St and Hwy 27. On site drainage and retention already constructed resulting in net usable acreage of .75 acres that is ready for construction. Site is 1 mile from Venetian Gardens, a lakefront City park that is going thru a $10 million plus renovation, Leesburg Regional Medical Center, and a new Marriot hotel that will break ground in 2019. The Villages continues it's rapid growth to the west of Leesburg that will benefit this site as well. Property is also located in a designated OPPORTUNITY ZONE which provides capital gains tax benefits, including tax free treatment for all future appreciation if held for at least 10 years, when reinvesting sales proceeds in this designated area.

Details

MLS#G5014689
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site586

Features

ZoningC-3
Acreage0.82
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Area Information
StateFL
CountyLake
CityLEESBURG
Zip Code34748
Area34748 - Leesburg
Listing VS Median (in 34748)
Price:
$249,000
low | high
Med:
$224,400
59.879518072289% of Average
On Site:
586
low | high
Med:
203.5
100% of Average
Nearby Listings (Within 1/4 mile)
Price: $0 - $0
SqFt: 0 - 0
Nearby Listings Property ImageNearby Listings Details
000 COLIFAX Property Photo - LEESBURG, FL real estate listing
$0
000 Colifax
Leesburg, FL 34748
Listing Updated: October 29, 2020 4:28:19 PM PDT
Michael Pederson LogoMLS Number: G5014689
Listing Provided By:
Michael Pederson  of  GRIZZARD COMMERCIAL REALESTATE

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