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10941 US Highway 441

2,442 SF Retail Building Leesburg, FL 34788 £1,422,018 (£582/SF)

Investment Highlights

  • US HIGHWAY 441 FRONTAGE
  • CENTRALLY LOCATED BETWEEN TAVARES AND LEESBURG IN THE RETAIL MALL AREA
  • DESIRABLE LARGER LOT REDEVELOPMENT TRACT

Executive Summary

While this property has a small newer building on it, it is primarily being marketed as a vacant development site containing 3.3 acres with approximately 325 feet on US HWY 441. This is a hard to find larger commercial lot located on Lake County's premier commercial retail corridor and ideally situated between the cities of Tavares and Leesburg in the Mall retail area. Though the highest and best use is redevelopment of the site for retail, there is an existing 2,442 square foot building used as a car lot office. Site is further improved with considerable paved area for cars as well as perimeter outdoor lighting. Much of the site though is vacant and unimproved. The premises is vacant. This lot is in the heart of the mall retail area with many national chains including Home Depot next door and fronts six lane US HWY 441 having over 45,000 average daily traffic counts. The property is ideally suited for redevelopment to single or multi use retail or possibly a hotel.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,442 SF
Year Built
2007
Price
£1,422,018
Price Per SF
£582
Tenancy
Single
Number of Floors
1
Building FAR
0.02
Land Acres
3.30 AC
Zoning
Highway Commercial - City of Leesburg retail commercial zoning allowing most retail and commercial uses.
Frontage
325 ft on US HWY 441

Nearby Major Retailers

Bank of America
Anytime Fitness
Publix
Steak ‘n Shake
Lenny's Franchisor, LLC Support Center
Truist
China Max
Hurricane Grill & Wings
Olive Garden
Trustco Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-19-25-0004-000-04400
Land Assessment
£111,758
Improvements Assessment
£188,310
Total Assessment
£300,068
  • Listing ID: 28853811

  • Date on Market: 26/06/2023

  • Last Updated:

  • Address: 10941 US Highway 441, Leesburg, FL 34788

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