This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

3 Unit INCOME 5.35% CAP RATE 1456 William St

7,740 SF 100% Leased Light Industrial Building Leesburg, FL 34748 £939,960 (£121/SF) 5.35% Net Initial Yield

Investment Highlights

  • INCOME Property, 5.35% CAP Rate
  • 2023 Gutted & Remodeled - Beautifully updated inside & out
  • 7,740+/- SF Bldg & .81+/- Acre
  • Zoned C-3, City Utilities, City of Leesburg

Executive Summary

Income Opportunity! 5.35% CAP Rate - 100% Leased 3 Unit Office Warehouse 7,740+/- SF Bldg. Attractive Building and Property Newly Remodeled 2023, gutted, painted and totally updated inside and out! Attractive Office Suites #1 is 733+/- SF #2 is 810+/- SF and Suite #3 is Office, Warehouse & Security fenced storage yard. 2,125+/- of Office with 3,180+/- SF warehouse with 3 roll-up doors & security fenced storage area. Suite # 3 is a total of 5,305+/- SF. Warehouse & storage yard space go only with Suite #3 Property is Zoned C-3, City Utilities, plenty of parking with easy access. Located less than an hour to Orlando or Ocala and minutes to The Villages, I-75 & Florida Turnpike. Ideal Central Florida service location. Easy to show. All information provided herein is believed to be accurate and correct but not guaranteed or warranted and subject to change without notice. Do not disturb tenants or enter property without an appointment.

Property Facts

Price £939,960
Price Per SF £121
Sale Type Investment
Net Initial Yield 5.35%
Property Type Light Industrial
Property Subtype Light Distribution
Building Class B
Lot Size 0.81 AC
Rentable Building Area 7,740 SF
Number of Floors 2
Year Built 1988
No. Dock-High Doors/Loading 2
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-19-24-0001-000-01100
Land Assessment
£84,940
Improvements Assessment
£328,517
Total Assessment
£413,457

zoning

Zoning Code C-3 (General Commercial)
C-3 (General Commercial)
  • Listing ID: 31671463

  • Date on Market: 02/05/2024

  • Last Updated:

  • Address: 1456 William St, Leesburg, FL 34748

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}