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SOLD: US Hwy 27 at University Ave in Leesburg, Florida


Leesburg, Florida

10.08 Acres


Property Type: Commercial Development, Commercial Investment

Location: US Hwy 27, Leesburg, Florida 34748

County: Lake

The property is a 10.08+/- acre vacant commercial property on US Highway 27 south of Leesburg on US Hwy 27 near the entrance to The Plantation at Leesburg, a leading over 55 community with 2 golf courses and almost 3,000 homes. It is surrounded by a number of retirement communities and two major hospitals, Orlando Health- Leesburg (North) and South Lake (South). In addition to being surrounded by an active trade area and several large neighborhoods, the median household income is growing at around 2.5%.

Description: Land Size: 10.08 +/- acres (6.23 +/- upland)
Utilities: Water & Electric
Property Use: Vacant Commercial
Zoning: PUD (Lake County) Plantation at Leesburg up to 65,600 SF commercial
Taxes: $2,422.23 (2017)
Traffic Count: 24,500 cars/day