Address
1317 & 1321 Citizens BOULEVARD, LEESBURG, FL
Price
$ 2,355,000
Property Attributes
- MLS#G5074864
- TypeCommercial
- CountyLAKE
- CityLEESBURG
- AreaLeesburg
- Zip34748
- StyleOffice
- Year Built1978
- Taxes$ 8959
- Price$ 2,355,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage13998
- Lot Size2.29 Acres
Data Source:
Stellar MLS
Property Description
Income 7.75% CAP Rate - 100% Leased with great long term tenants / rental history. 2 Buildings & one great opportunity! Buildings have separate addresses and property ID's, but parcels adjoin. Bldg #1317 is 6,052+/- SF on 1.44+/- Acre and entirely occupied by Lassiter Ware's corporate headquarters, a strong regional credit tenant with an excellent, long rental history. Bldg # 1321 is 7,946+/- SF on .84+/- Acre and is occupied by 4 tenants also with excellent rental history's. Both properties are very attractive inside and out with meticulous maintenance. Great parking for both sites with easy access, monument signage and high visibility. Sites sit on Citizens Blvd which is a short connector road between US Hwy 27 with 21,500 FDOT avg trips per day and US Hwy 441 with 30,500 FDOT avg trips per day. An NDA will be required for all financial data and leases. This is a great 1031 Opportunity. All information is believed accurate and correct but not guaranteed or warranted and subject to change without notice. Easy to shown by appointment only. Do not disturb tenants. Properties are located just over an hour to Orlando or Ocala and a short drive to The Villages, I-75, and Florida's Turnpike.
| Price History | |
|---|---|
| 10/26/2023 | Listed $2,725,000 |
| 1/5/2024 | 6% - $2,575,000 |
| 3/19/2024 | 9% - $2,355,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air,Zoned |
| Roof | Shingle |
| Construction Materials | Block,Stucco |
| Year Built | 1978 |
| Property SubType | Office |
| Tax Year | 2022 |
| Percent Ownership | Corporation |
| County | Lake |
| New Construction | No |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Leesburg at US Hwy 27 and Main St go North on US Hwy 27,Turn right at signal light onto Citizens Blvd,property will be on the right side. Do not enter without a sign |
| City | LEESBURG |
| Buyer Agent Compensation | 2.5% |
| MLS Area | 34748 - Leesburg |
| Lot Size Square Feet | 99752 |
| Waterfront Y/N | No |
| Street Name | Citizens |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 8959 |
| Property Condition | Completed |
| Public Remarks | Income 7.75% CAP Rate - 100% Leased with great long term tenants / rental history. 2 Buildings & one great opportunity! Buildings have separate addresses and property ID's,but parcels adjoin. Bldg #1 |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/G5074864 |
| Days on Market | 145 |
| Standard Status | Active |
| Tax Lot | 03711 |
| Legal Description | BEG ON SLY R/W LINE OF CITIZENS BLVD AT PT 400 FT FROM,WHEN MEASURED AT RIGHT ANGLES THERETO,THE SWLY R/W LINE OF NORTH BLVD,RUN S 37DEG 14MIN 30SEC E 322.75 FT TO S LINE OF GOV LOT 3,W ALONG SAID S |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Street Suffix | BOULEVARD |
| LivingAreaSource | Public Records |
| Living Area Units | Square Feet |
Exterior Features
| Lot Features | City Lot |
|---|---|
| Water Source | Public |
| Lot Size Area | 2.29 |
| Foundation Details | Slab |
| Number of Buildings | 2 |
| Building Area Total | 13998 |
| Lot Size Acres | 2.29 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Road Frontage Type | City Street,Divided Highway,Main Throrughfare |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 34748
Price
Taxes
Visits
Year Built
Walkscore
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on April 27, 2024 6:57 PM UTC The listing information on this page last changed on Last updated on April 27, 2024 6:57 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on April 27, 2024 6:57 PM UTC
All information regarding a property for sale, rental or financing, school information and public tax records is from sources deemed reliable; PROVIDED, HOWEVER, that representations and warranties are not made about the accuracy thereof, and such information is subject to errors, omissions, updates, modifications, changes of price, rent rates, commissions, prior sales, leases or financing, changes in school boundaries, or withdrawal without notice. All information displayed on this Website should
© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
